Surge in Options Trading: GE HealthCare, Home Depot, and Corning Take Center Stage
GE HealthCare Shows Strong Trading Activity
Looking at today’s options trading for S&P 500 companies, GE HealthCare Technologies Inc (Symbol: GEHC) stands out. A total of 18,236 contracts have been traded today, equating to about 1.8 million underlying shares—an impressive 87% of GEHC’s average daily trading volume of 2.1 million shares over the past month. Notably, the $89 strike call option expiring November 01, 2024, generated high activity with 4,200 contracts traded, representing around 420,000 underlying shares of GEHC. Below is a chart illustrating GEHC’s trading history over the last twelve months, with the $89 strike highlighted in orange:
Home Depot Sees Significant Options Volume
In a separate development, Home Depot Inc (Symbol: HD) is also witnessing robust trading activity today. Options volume has reached 25,251 contracts, which translates to approximately 2.5 million underlying shares, accounting for 81.9% of HD’s monthly average daily trading volume of 3.1 million shares. A key highlight was the $350 strike put option expiring December 20, 2024, which saw 5,020 contracts traded, representing about 502,000 underlying shares. The chart below displays HD’s trading history, with the $350 strike marked in orange:
Corning Experiences Increased Options Activity
Corning Inc (Symbol: GLW) is also part of the high-volume trading landscape, recording an options volume of 28,194 contracts. This represents around 2.8 million underlying shares or 68.4% of GLW’s average daily trading volume, which stands at 4.1 million shares. The $49 strike call option expiring November 15, 2024, has been particularly popular, with 5,282 contracts traded today, indicating about 528,200 underlying shares. Below is the trading history for GLW, with the $49 strike highlighted in orange:
For further details on available expirations for GEHC, HD, or GLW options, visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
Stocks Crossing Below Book Value
Marsh and McLennan Companies YTD Return
ERF 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.
