High Options Trading Volume Noted for Major S&P 500 Stocks

Today, options trading volume surged for several key components of the S&P 500 index. Notable activity was observed in Apple Inc (Symbol: AAPL), where 449,681 contracts have traded, equating to around 45.0 million underlying shares. This figure represents approximately 81.7% of AAPL’s average daily trading volume, which stands at 55.1 million shares over the past month.

In particular, the $220 strike call option expiring March 28, 2025, saw significant interest, with 47,527 contracts trading so far today, translating to about 4.8 million underlying shares of AAPL. Below is a chart illustrating AAPL’s trailing twelve-month trading history, with the $220 strike option highlighted in orange:

Freeport-McMoran Copper & Gold (Symbol: FCX) also experienced notable options activity, amassing a volume of 132,715 contracts today. This volume reflects approximately 13.3 million underlying shares, representing a robust 77.2% of FCX’s average daily trading volume of 17.2 million shares over the past month.

The $50 strike call option expiring May 16, 2025, received particular attention, with 64,766 contracts traded so far today, accounting for around 6.5 million underlying shares of FCX. Below is the chart displaying FCX’s trailing twelve-month trading history, highlighting the $50 strike option in orange:

Moreover, Microsoft Corporation (Symbol: MSFT) reported options trading volume of 179,257 contracts, representing approximately 17.9 million underlying shares. This volume signifies about 72% of MSFT’s average daily trading volume of 24.9 million shares over the past month.

Particularly notable was the activity for the $400 strike call option expiring March 28, 2025. It recorded 15,475 contracts traded, equating to about 1.5 million underlying shares of MSFT. Below is a chart showing MSFT’s trailing twelve-month trading history, with the $400 strike highlighted in orange:

For additional information, including various options expirations for AAPL, FCX, or MSFT, visit StockOptionsChannel.com.

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

Also see:

• Top Ten Hedge Funds Holding ANCX
• ASNB Insider Buying
• ETFs Holding ACIA

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