Among the S&P 500 index components, notable options trading occurred on October 2, 2023. Applovin Corp (APP) registered a trading volume of 38,490 contracts, equating to approximately 3.8 million underlying shares, which is about 86.9% of its average daily trading volume of 4.4 million shares. The $600 strike call option expiring on May 1, 2026, saw particularly high activity, with 12,684 contracts trading, representing roughly 1.3 million underlying shares.
Dollar Tree Inc (DLTR) experienced options volume of 17,661 contracts, translating to around 1.8 million underlying shares, or 55.8% of its average daily trading volume of 3.2 million shares. The $117 strike call option expiring on April 24, 2026, was notably active with 11,942 contracts traded, representing approximately 1.2 million underlying shares.
Vertiv Holdings Co (VRT) reported an options trading volume of 29,661 contracts, amounting to about 3.0 million underlying shares, which is 54.7% of its average daily trading volume of 5.4 million shares. The $300 strike call option expiring on May 1, 2026, had significant activity as well, with 4,034 contracts traded, reflecting around 403,400 underlying shares.
