Options Trading Update: JPMorgan, Commercial Metals, and Rocket Companies Surge

Today’s options trading activity reveals significant interest in major companies, led by JPMorgan Chase, Commercial Metals, and Rocket Companies.

JPMorgan Chase & Co. (Symbol: JPM) Sees Heavy Options Trading

In today’s trading session, JPMorgan Chase & Co. has recorded a notable volume of 57,213 options contracts. This figure translates to around 5.7 million underlying shares because each contract includes 100 shares. This volume accounts for 66.8% of JPM’s average daily trading volume of 8.6 million shares over the past month. The most prominent trade was for the $240 strike call option set to expire on November 15, 2024, where 4,133 contracts, representing about 413,300 shares, were exchanged. Below is a chart illustrating JPM’s trading history, highlighting the $240 strike option in orange:

Commercial Metals Co. (Symbol: CMC) Experiences Increased Options Activity

Commercial Metals Co. has observed options trading of 6,771 contracts today, which represents about 677,100 underlying shares. This volume constitutes approximately 66.6% of CMC’s average daily trading of 1.0 million shares in the last month. Notably, the $62.50 strike call option set to expire on November 15, 2024, attracted significant attention with 6,696 contracts traded, equivalent to around 669,600 underlying shares. The following chart depicts CMC’s trading history, with the $62.50 strike option marked in orange:

Rocket Companies Inc Class A (Symbol: RKT) Shows Strong Trading Volume

Rocket Companies Inc Class A reports an impressive volume of 19,244 options contracts traded so far today. This equates to approximately 1.9 million underlying shares and represents a significant 65.8% of RKT’s average daily trading volume of 2.9 million shares for the past month. The $15.50 strike call option expiring on November 15, 2024, garnered special attention with 6,479 contracts traded, or about 647,900 shares. Below is a chart showcasing RKT’s trading history, with the $15.50 strike option highlighted in orange:

To explore various expiration options for JPMorgan, Commercial Metals, or Rocket Companies, visit StockOptionsChannel.com.

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