Surge in Options Trading Highlights Key Stocks in the S&P 500

Estee Lauder Sees a Spike in Trading Activity

Among the stocks in the S&P 500 index, Estee Lauder Cos., Inc. (Symbol: EL) stood out today with significant options trading. So far, 25,053 contracts have exchanged hands, translating to roughly 2.5 million underlying shares. This volume constitutes about 48.7% of EL’s average daily trading volume, which has been 5.1 million shares over the past month. The $75 strike call option, expiring on February 21, 2025, experienced the most activity, with 15,452 contracts traded, representing approximately 1.5 million underlying shares. Below is a chart illustrating EL’s trading history over the past twelve months, with the $75 strike indicated in orange:

Enphase Energy Options Show Strong Activity

Enphase Energy Inc. (Symbol: ENPH) also displayed notable options activity today, with 17,970 contracts traded, which corresponds to approximately 1.8 million underlying shares. This volume reflects about 42.7% of ENPH’s average daily trading volume of 4.2 million shares over the past month. The $70 strike call option, set to expire on February 21, 2025, reported a high volume of 1,236 contracts, representing around 123,600 underlying shares. The chart below highlights ENPH’s trading history for the past year, with the $70 strike marked in orange:

Chipotle Mexican Grill Experiences a Trading Surge

Chipotle Mexican Grill Inc (Symbol: CMG) saw even higher options trading volumes today, with a total of 47,239 contracts traded, amounting to approximately 4.7 million underlying shares. This is about 41.3% of CMG’s average daily trading volume of 11.4 million shares over the past month. Particularly, the $57 strike call option expiring on March 21, 2025, accounted for 8,669 contracts traded, equating to about 866,900 underlying shares. Below, find a chart detailing CMG’s trading history for the last twelve months, with the $57 strike highlighted in orange:

For those interested in various expiration dates available for EL, ENPH, or CMG options, StockOptionsChannel.com provides additional resources.

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

Also see:

• Top Stocks Held By Barry Rosenstein
• GMFL Videos
• PGH Historical Stock Prices

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