**Options Trading Highlights: Microsoft, CVS Health, and Oracle**
On October 30, 2023, Microsoft Corporation (MSFT) recorded an options trading volume of 301,086 contracts, equating to approximately 30.1 million underlying shares—125.5% of its average daily volume of 24 million shares. Notable activity included 22,682 contracts for the $445 strike call option expiring January 30, 2026, representing around 2.3 million underlying shares.
CVS Health Corporation (CVS) saw a trading volume of 84,793 contracts today, translating to about 8.5 million underlying shares, or 119.5% of its average daily volume of 7.1 million shares. The $72 strike put option expiring January 30, 2026, had particularly high activity, with 3,642 contracts (approximately 364,200 underlying shares) traded.
Oracle Corporation (ORCL) experienced an options volume of 228,735 contracts, around 22.9 million underlying shares, representing 116.4% of its monthly average of 19.6 million shares. The $195 strike call option expiring January 30, 2026, saw high trading interest with 15,416 contracts traded, accounting for approximately 1.5 million underlying shares.
