Surge in Options Trading for JPMorgan, McDonald’s, and Vertex Pharmaceuticals

Today, substantial options trading activity was observed among several major companies in the Russell 3000 index. Notably, JPMorgan Chase & Co (Symbol: JPM) saw a remarkable surge in options volume.

JPMorgan Chase & Co (JPM) Sees a Trading Surge

In today’s session, a total of 39,988 options contracts for JPMorgan have exchanged hands, equating to about 4.0 million underlying shares. This volume represents approximately 52.4% of JPM’s average daily trading volume of 7.6 million shares over the past month. A particularly active option was the $247.50 strike call, set to expire on December 27, 2024, with 4,616 contracts traded today, totaling around 461,600 underlying shares of JPM. The chart below illustrates JPM’s trading history over the last twelve months, with the $247.50 strike highlighted in orange:

McDonald’s Corp (MCD) Follows Suit

Similarly, McDonald’s Corp (Symbol: MCD) has reported options volume of 15,677 contracts today, which translates to approximately 1.6 million underlying shares. This figure amounts to 52.2% of MCD’s average daily trading volume of 3.0 million shares over the past month. The $310 strike call option expiring on December 27, 2024, had particularly high activity, with 4,452 contracts traded today, representing about 445,200 underlying shares of MCD. The accompanying chart shows MCD’s trading history for the past twelve months, with the $310 strike highlighted in orange:

Vertex Pharmaceuticals (VRTX) Experiences Notable Volume

Vertex Pharmaceuticals, Inc. (Symbol: VRTX) also witnessed significant options activity today, with 6,603 contracts traded. This number corresponds to about 660,300 underlying shares, or 51.6% of VRTX’s average daily trading volume of 1.3 million shares over the past month. A high volume was noted for the $470 strike put option, set to expire on December 20, 2024, with 750 contracts traded today, totaling roughly 75,000 underlying shares of VRTX. The chart below depicts VRTX’s trading history for the trailing twelve months, with the $470 strike highlighted in orange:

For more information on the various expirations for JPM options, MCD options, or VRTX options, please visit StockOptionsChannel.com.

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

Also see:

• Weyerhaeuser shares outstanding history
• MNTX Videos
• BSM Average Annual Return

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