Surge in Options Trading: Hershey, Procter & Gamble, and Micron Technology Capture Attention

Recent trading activity reveals significant movements in the options market for three major companies within the S&P 500 index: Hershey Company, Procter & Gamble Company, and Micron Technology Inc.

Hershey Company Shows Strong Options Volume

Among the S&P 500 constituents, Hershey Company (Symbol: HSY) reported a substantial options trading volume today, totaling 9,934 contracts. This figure corresponds to about 993,400 underlying shares, indicating approximately 46.7% of HSY’s average daily trading volume over the last month, which stands at 2.1 million shares. The $180 strike call option expiring March 21, 2025, saw particularly high activity, with 2,186 contracts trading today—this represents around 218,600 underlying shares of HSY. Below is a chart showcasing HSY’s trading history over the past twelve months, highlighting the $180 strike in orange:

Procter & Gamble Experiences Increased Trading Volume

Procter & Gamble Company (Symbol: PG) also had a busy trading day, with options volume reaching 31,114 contracts. This accounts for roughly 3.1 million underlying shares, or about 45.2% of PG’s average daily trading volume of 6.9 million shares over the past month. The $185 strike call option expiring April 17, 2025, showed notable trading interest, with 7,357 contracts exchanging hands, representing approximately 735,700 underlying shares of PG. The chart below illustrates PG’s options trading history over the past year, with the $185 strike highlighted:

Micron Technology Active in Options Market

Micron Technology Inc. (Symbol: MU) reported an impressive options trading volume of 89,697 contracts. This volume corresponds to roughly 9.0 million underlying shares, capturing about 42.5% of MU’s average daily trading volume over the past month, which is 21.1 million shares. A significant share of this was seen in the $80 strike put option set to expire on April 04, 2025, with 8,052 contracts trading—this translates to approximately 805,200 underlying shares of MU. The following chart reflects MU’s options trading history over the last twelve months, with the $80 strike marked in orange:

For more detailed information on available expirations for options related to HSY, PG, or MU, visit StockOptionsChannel.com.

Today’s Most Active Call & Put Options of the S&P 500 »

Also see:

• Institutional Holders of UNM
• HON DMA
• VGSH Average Annual Return

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.