Surge in Options Trading: Key Insights from S&P 500 Components
Options trading activity among S&P 500 companies indicates significant interest today, especially in Akamai Technologies, Intuitive Surgical, and Equifax.
Akamai Technologies (Symbol: AKAM) Sees Surge in Call Options
Today, Akamai Technologies Inc (Symbol: AKAM) has experienced considerable options trading, with a total of 6,794 contracts exchanged. This volume translates to approximately 679,400 underlying shares since each option contract represents 100 shares. Remarkably, this figure accounts for 53% of AKAM’s average daily trading volume of 1.3 million shares over the past month. Notably, the $120 strike call option expiring on February 21, 2025, has dominated this activity, with 4,639 contracts traded, representing about 463,900 underlying shares. The chart below displays AKAM’s trading history over the past year, highlighting the $120 strike in orange:
Intuitive Surgical (Symbol: ISRG) Shows Strong Options Activity
Options volume for Intuitive Surgical Inc (Symbol: ISRG) also stands out today, with 5,393 contracts traded. This represents around 539,300 underlying shares, making up 47.6% of ISRG’s average daily trading volume of 1.1 million shares over the previous month. The $475 strike put option expiring on October 18, 2024, has attracted attention, with 372 contracts traded, amounting to approximately 37,200 underlying shares. Below is a chart depicting ISRG’s trading history for the past twelve months, featuring the $475 strike:
Equifax Inc (Symbol: EFX) Sees High Trading Volume
Equifax Inc (Symbol: EFX) is also experiencing significant options trading activity today, with 4,542 contracts traded, corresponding to approximately 454,200 underlying shares. This volume constitutes about 45% of EFX’s average daily trading total of 1.0 million shares over the last month. The $270 strike put option, set to expire on November 15, 2024, has been particularly active, with 940 contracts traded, representing about 94,000 underlying shares. A chart of EFX’s twelve-month trading history, with the $270 strike highlighted, is shown below:
For details on the various available expirations for options on AKAM, ISRG, or EFX, visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
- Top Stocks Held By Barry Rosenstein
- Institutional Holders of HSNI
- Top Ten Hedge Funds Holding TEGS
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.