High Options Trading Activity Sees Applied Materials, Broadcom, and Chipotle Lead the S&P 500

Applied Materials, Broadcom, and Chipotle Experience Significant Contract Volumes

Among the key players in the S&P 500 index, options trading volume surged today for Applied Materials, Inc. (Symbol: AMAT). A total of 43,833 contracts traded, equating to around 4.4 million underlying shares. This figure represents about 72.3% of AMAT’s average daily trading volume for the past month, which stands at 6.1 million shares. Notably, the $170 strike put option set to expire on February 21, 2025, saw particularly high activity, with 2,655 contracts transacted today, translating to approximately 265,500 underlying shares of AMAT. Below is a chart detailing AMAT’s trailing twelve-month trading history, with the $170 strike highlighted in orange:

Broadcom Inc (Symbol: AVGO) also demonstrated robust options trading, with 226,492 contracts exchanged so far today. This volume corresponds to about 22.6 million underlying shares, or 56.8% of AVGO’s average daily trading volume over the past month, which is 39.9 million shares. The $240 strike call option expiring January 17, 2025, was particularly active, with 20,268 contracts traded, representing roughly 2.0 million underlying shares of AVGO. A chart of AVGO’s trailing twelve-month trading history is provided below, with the $240 strike highlighted in orange:

Chipotle Mexican Grill Inc (Symbol: CMG) experienced options trading volume of 38,180 contracts, equating to around 3.8 million underlying shares. This volume constitutes about 50.2% of CMG’s average daily trading volume over the last month of 7.6 million shares. Notably, the $57 strike put option expiring January 17, 2025, saw 4,922 contracts traded today, translating to approximately 492,200 underlying shares of CMG. Below is a chart illustrating CMG’s trailing twelve-month trading history, with the $57 strike highlighted in orange:

For details on the various expirations available for AMAT, AVGO, or CMG options, you can visit StockOptionsChannel.com.

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

Also see:

• MHLD Price Target
• Institutional Holders of GRID
• Institutional Holders of NOVS

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