Options Trading Insights: Lowe’s, CVS, and Vail Resorts Active on the Market
Today, we’re observing significant options trading within the Russell 3000 index, particularly for Lowe’s Companies Inc (Symbol: LOW). So far, a total of 15,688 contracts have been traded today, which equates to around 1.6 million underlying shares (since each contract represents 100 shares). This volume is notable, representing 67.3% of LOW’s average daily trading volume for the past month, which stands at 2.3 million shares. The most active option today is the $260 strike put option expiring on November 22, 2024. Currently, 679 contracts have changed hands, representing about 67,900 underlying shares of LOW. Below is a chart detailing LOW’s trading history over the past twelve months, with the $260 strike option highlighted in orange:
In addition, CVS Health Corporation (Symbol: CVS) has seen a robust trading volume of 78,785 contracts today. This corresponds to approximately 7.9 million underlying shares and constitutes a significant 63.1% of CVS’s average daily trading volume of 12.5 million shares over the last month. Noteworthy volume has been recorded for the $65 strike call option expiring on February 21, 2025, with 20,449 contracts traded today, representing about 2.0 million underlying shares of CVS. Below is a chart showing CVS’s trading history for the last twelve months, with the $65 strike indicated in orange:
Furthermore, Vail Resorts Inc (Symbol: MTN) reports a trading volume of 2,778 contracts today, which translates to approximately 277,800 underlying shares. This volume represents 61.9% of MTN’s average daily trading volume of 449,015 shares over the past month. The $170 strike put option expiring on December 20, 2024, has shown considerable activity, with 1,057 contracts traded today, equating to around 105,700 underlying shares of MTN. Below is a chart that captures MTN’s trading activity over the past twelve months, with the $170 strike indicated in orange:
For a comprehensive look at other available expirations for LOW, CVS, or MTN options, check out StockOptionsChannel.com.
Explore Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
- Gold Dividend Stocks
- VIAB Options Chain
- BMTM Options Chain
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.