HomeMarket NewsSignificant Options Movement on Monday: WBA, LBRT, ABBV

Significant Options Movement on Monday: WBA, LBRT, ABBV

Daily Market Recaps (no fluff)

always free

Options Trading Highlights: Walgreens, Liberty Energy, and AbbVie Surge in Activity

Walgreens Boots Alliance (WBA) Sees Significant Options Activity

Today, Walgreens Boots Alliance Inc (Symbol: WBA) is experiencing notable options trading, with a total of 90,254 contracts exchanged. This represents approximately 9.0 million underlying shares, equating to 46.1% of WBA’s average daily trading volume of 19.6 million shares over the past month. Particularly, the $7.50 strike put option expiring on December 6, 2024, has drawn attention, with 12,578 contracts traded today. This corresponds to about 1.3 million underlying shares of WBA. Below is an illustration of WBA’s trading history for the past twelve months, highlighting the $7.50 strike option in orange:

WBA Trading History - TickerTech.com

Liberty Energy (LBRT) Options Trading Picks Up

Liberty Energy Inc (Symbol: LBRT) is also witnessing substantial options trading, with 10,941 contracts traded today. This figure represents around 1.1 million underlying shares, or about 45.3% of LBRT’s average daily trading volume of 2.4 million shares for the month. A notable highlight was the $20 strike call option set to expire on December 20, 2024, with 4,141 contracts exchanged today, translating to approximately 414,100 underlying shares of LBRT. Below is a chart displaying LBRT’s trading history over the last twelve months, featuring the $20 strike in orange:

LBRT Trading History - TickerTech.com

AbbVie’s Options Trading Volume Surges

AbbVie Inc (Symbol: ABBV) is not left out, with a robust options trading volume of 31,959 contracts, equivalent to about 3.2 million underlying shares. This represents approximately 44.6% of ABBV’s average daily trading volume of 7.2 million shares in the past month. The $155 strike put option, expiring on December 20, 2024, stands out with 1,787 contracts traded today, representing about 178,700 underlying shares. The chart below depicts ABBV’s twelve-month trading history, with the $155 strike highlighted in orange:

ABBV Trading History - TickerTech.com

For more information on available options expirations for WBA, LBRT, and ABBV, visit StockOptionsChannel.com.

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

Additional Links:
  • Mastercard RSI
  • BYND Options Chain
  • MFRI Videos

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

Do you want a daily market summary with no fluff?

Simple Straightforward Daily Stock Market Recaps Sent for free,every single trading day: Read Now

Explore More

Simple Straightforward Daily Stock Market Recaps

Get institutional-level analysis to take your trading to the next level, sign up for free and become apart of the community.