Strong Surge in Options Trading for S&P 500 Companies

Today, options trading activity among the S&P 500 index components has shown significant movement. Notably, APA Corp (Symbol: APA) has witnessed a total volume of 208,296 contracts traded so far. This volume corresponds to approximately 20.8 million underlying shares, as each contract represents 100 underlying shares. This trading volume is 257.2% of APA’s average daily trading volume over the past month, which stands at 8.1 million shares.

The $15 strike call option set to expire on May 23, 2025, has experienced particularly high activity, with 105,100 contracts trading today. This equates to about 10.5 million underlying shares of APA. Below is a chart illustrating APA’s trailing twelve-month trading history, with the $15 strike highlighted in orange:

Global Payments Inc (Symbol: GPN) has also seen robust options trading, with a volume of 101,461 contracts, representing about 10.1 million underlying shares. This figure is approximately 215.2% of GPN’s average daily trading volume of 4.7 million shares over the past month. The $80 strike put option expiring on July 18, 2025, has garnered specific interest, with 54,201 contracts traded today, approximately equivalent to 5.4 million underlying shares of GPN. Below is a chart of GPN’s trailing twelve-month trading history, with the $80 strike highlighted in orange:

Boeing Co. (Symbol: BA) is also experiencing elevated options trading, with 114,395 contracts traded thus far. This volume represents about 11.4 million underlying shares and is 124.8% of BA’s average daily trading volume of 9.2 million shares over the past month. The $210 strike call option expiring on May 16, 2025, has been particularly active, with 18,662 contracts trading, representing approximately 1.9 million underlying shares of BA. Below is a chart showing BA’s trailing twelve-month trading history, with the $210 strike highlighted in orange:

For more information on the different expirations available for APA, GPN, or BA options, please visit StockOptionsChannel.com.

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

Additional Resources:

• Preferred Stock Investing 5th Edition eBook Download
• AQXP Options Chain
• JEQ Historical Stock Prices

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