On October 25, 2023, significant options trading activity was reported for several companies within the S&P 500 index. Eli Lilly (LLY) experienced a trading volume of 18,927 contracts, equating to approximately 1.9 million shares, or 57.4% of its average daily volume. The $830 strike call option expiring on July 3, 2025, saw 807 contracts traded, representing roughly 80,700 shares.
Equinix Inc (EQIX) recorded options trading volume of 2,740 contracts, about 48.6% of its average daily volume, with 158 contracts on the $680 strike put option expiring on August 15, 2025, accounting for around 15,800 shares. MGM Resorts International (MGM) saw a notable volume of 25,703 contracts, representing approximately 2.6 million shares, or 46.8% of its average daily volume, with 20,729 contracts traded on the $34.50 strike call option expiring on June 27, 2025, equating to about 2.1 million shares.
