High Options Trading Activity Observed in CSX, PepsiCo, and Williams Sonoma
Today has seen significant options trading in several S&P 500 components, notably CSX Corp (Symbol: CSX). As of now, 56,902 contracts have changed hands, which translates to approximately 5.7 million underlying shares. This volume accounts for 43.5% of CSX’s average daily trading volume over the past month, recorded at 13.1 million shares. Particularly noteworthy is the activity surrounding the $35 strike call option expiring on January 16, 2026, with 54,248 contracts trading, representing about 5.4 million underlying shares of CSX. The accompanying chart illustrates CSX’s trailing twelve-month trading history, with the $35 strike highlighted in orange:
Turning to PepsiCo Inc (Symbol: PEP), options activity also shows strong engagement, with 35,143 contracts traded today. This volume represents approximately 3.5 million underlying shares, making up 41.4% of PEP’s average daily trading volume of 8.5 million shares over the past month. A notable observation is the $128 strike put option expiring on May 23, 2025, which has seen 8,886 contracts traded, equating to roughly 888,600 underlying shares of PEP. The below chart depicts PEP’s twelve-month trading history, with the $128 strike highlighted in orange:
Lastly, Williams Sonoma Inc (Symbol: WSM) reported an options trading volume of 6,043 contracts, equivalent to approximately 604,300 underlying shares. This represents about 40.3% of WSM’s average daily trading volume of 1.5 million shares in the past month. Notably, the $155 strike call option expiring on June 20, 2025, has experienced high trading volume, with 1,550 contracts traded, corresponding to approximately 155,000 underlying shares of WSM. Below is the chart showing WSM’s trailing twelve-month trading history, with the $155 strike marked in orange:
For additional details on the available expirations for CSX, PEP, or WSM options, investors can visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
