Strong Options Activity Highlights Noteworthy Trading in Eli Lilly, Autodesk, and Freeport-McMoRan

Today’s trading data for the S&P 500 reveals remarkable options activity, particularly for Eli Lilly (Symbol: LLY), Autodesk Inc (Symbol: ADSK), and Freeport-McMoRan Copper & Gold (Symbol: FCX). Each company is seeing significant movement in its options market.

Eli Lilly’s Volume Surges with $800 Call Options

Eli Lilly’s options trading has reached a total volume of 98,098 contracts today. This translates to nearly 9.8 million underlying shares, a striking 169% increase over LLY’s average daily trading volume of 5.8 million shares over the past month. The highest activity was noted for the $800 strike call option, set to expire on November 29, 2024, with 13,068 contracts traded, which represents about 1.3 million underlying shares. Below is a chart showing LLY’s trailing twelve-month trading history, with the $800 strike highlighted in orange:

Autodesk Sees Notable Trading Activity

Autodesk reported options trading volume of 12,172 contracts today, equating to roughly 1.2 million underlying shares. This figure is 84% of ADSK’s average daily trading volume of 1.4 million shares over the prior month. A surge was specifically observed for the $310 strike put option expiring on November 29, 2024, with 1,676 contracts trading, reflecting approximately 167,600 underlying shares. Below is a chart of ADSK’s trailing twelve-month trading history, with the $310 strike marked:

Freeport-McMoRan’s Strong Options Trading

Freeport-McMoRan’s options trading has reached 66,605 contracts today, indicating approximately 6.7 million underlying shares. This volume is 59.5% of FCX’s average daily trading volume of 11.2 million shares over the last month. Remarkably, the $50 strike call option expiring on January 17, 2025, has seen 13,068 contracts traded, which is about 1.3 million underlying shares. The chart below illustrates FCX’s trailing twelve-month trading history, with the $50 strike highlighted in orange:

For details on the available expirations for LLY, ADSK, and FCX options, you can visit StockOptionsChannel.com.

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

Also see:

• BRDS Split History
• PRPB Shares Outstanding History
• MMM RSI

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