Options trading volume surged today for several major companies within the S&P 500. Salesforce Inc (CRM) reported 40,666 contracts traded, equivalent to approximately 4.1 million underlying shares, reflecting 65.3% of its average daily trading volume of 6.2 million shares. Notably, the $250 strike put option expiring on January 16, 2026, saw 2,043 contracts traded.
Wells Fargo & Co (WFC) experienced a higher activity level, with 76,426 contracts traded, representing about 7.6 million underlying shares—62.4% of its average daily volume of 12.2 million shares. The standout was the $105 strike call option expiring on March 20, 2026, with 12,661 contracts traded thus far.
Palo Alto Networks, Inc (PANW) also had significant trading, registering 35,647 contracts or 3.6 million underlying shares, which amounts to 62.3% of its average volume of 5.7 million shares. The $220 strike call option expiring on February 20, 2026, accounted for 10,327 contracts traded.
