Notable Options Trading Activity in S&P 500 Components Today

Today, options trading within the S&P 500 index showcases significant volume for several companies, notably American Express Co. (Symbol: AXP), Delta Air Lines Inc. (Symbol: DAL), and General Electric Co. (Symbol: GE).

American Express Co. (AXP) Sees High Options Activity

American Express has recorded a total of 15,929 options contracts traded today. This volume represents approximately 1.6 million underlying shares, which accounts for 70.5% of AXP’s average daily trading volume over the past month, set at 2.3 million shares. The most notable activity involves the $270 strike call option expiring on September 19, 2025. So far, 781 contracts have traded, equating to about 78,100 underlying shares.

Below is a chart illustrating AXP’s trailing twelve-month trading history, featuring the $270 strike highlighted in orange:

Delta Air Lines Inc. (DAL) Trading Volume on the Rise

Delta Air Lines has experienced a robust trading session as well, with 47,561 options contracts traded. This figure reflects around 4.8 million underlying shares, or approximately 60.4% of DAL’s average daily trading volume of 7.9 million shares over the past month. A significant volume of 8,054 contracts has been recorded for the $55 strike put option expiring on March 21, 2025, representing roughly 805,400 underlying shares.

Here is a chart displaying DAL’s trailing twelve-month trading history, with the $55 strike highlighted in orange:

General Electric Co. (GE) Option Trades Surge

General Electric has witnessed options trading with a total of 24,193 contracts, which translates to approximately 2.4 million underlying shares. This number constitutes about 58.3% of GE’s average daily trading volume of 4.1 million shares in the last month. The standout figure today is the 9,549 contracts traded for the $195 strike call option expiring on March 21, 2025, representing around 954,900 underlying shares.

Below is a chart showing GE’s trailing twelve-month trading performance, with the $195 strike emphasized in orange:

For more information regarding available expirations for AXP, DAL, or GE options, visit StockOptionsChannel.com.

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

Also see:

• Top Ten Hedge Funds Holding RACB
• Institutional Holders of RSPY
• Institutional Holders of EPB

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