Surge in Options Trading Volume Highlights Notable Activity in Major Stocks

The Cigna Group, Bath & Body Works, and Tyson Foods Make Waves in the Options Market

In today’s trading sessions, significant activity has been observed in the options market for several key players in the Russell 3000 index. The Cigna Group (Symbol: CI) experienced noteworthy transactions, with a total of 11,976 contracts traded thus far, equivalent to around 1.2 million underlying shares. This represents about 58.5% of CI’s average daily trading volume of 2.0 million shares over the last month. A considerable volume was particularly noted in the $280 strike put option set to expire on January 16, 2026, where 2,309 contracts—about 230,900 underlying shares—have exchanged hands. Below, you’ll find a chart detailing CI’s trading history over the past year, with the $280 strike highlighted in orange:

Bath & Body Works Inc (Symbol: BBWI) also saw robust activity, with 20,391 contracts trading and representing approximately 2.0 million underlying shares. This is about 58.3% of BBWI’s average daily trading volume over the past month, which is 3.5 million shares. Specifically, the $32 strike put option expiring on February 14, 2025, witnessed substantial volume, accumulating 16,882 contracts—approximately 1.7 million underlying shares. Below is BBWI’s trading history chart for the last year, with the $32 strike highlighted in orange:

Meanwhile, Tyson Foods Inc (Symbol: TSN) reported 13,150 contracts traded, representing around 1.3 million underlying shares, which is about 56.4% of TSN’s average daily trading volume of 2.3 million shares for the past month. Unusually high volume activity was registered for the $62.50 strike put option expiring January 17, 2025, with 5,503 contracts traded, representing approximately 550,300 underlying shares. A chart showing TSN’s trading history over the past twelve months, with the $62.50 strike highlighted, is shown below:

For further insights into available expirations for options related to CI, BBWI, or TSN, visit StockOptionsChannel.com.

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

Also see:

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• BTOC Average Annual Return
• BSJS Shares Outstanding History

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