Notable Options Activity in S&P 500: Discover, UnitedHealth, and Ford in Focus

Among the underlying components of the S&P 500 index, significant options trading volume was observed today in Discover Financial Services (Symbol: DFS). So far, a total of 8,533 contracts have been traded, translating to approximately 853,300 underlying shares. This represents about 58.1% of DFS’s average daily trading volume for the past month, which is 1.5 million shares. A particularly high volume was recorded for the $155 strike put option expiring November 29, 2024, with 1,280 contracts trading, corresponding to about 128,000 underlying shares of DFS. Below is a chart depicting DFS’s trading history over the last twelve months, with the $155 strike indicated in orange:

UnitedHealth Group Trades Strongly

UnitedHealth Group Inc (Symbol: UNH) experienced robust options trading volume with 18,385 contracts traded. This accounts for approximately 1.8 million underlying shares, or around 56% of UNH’s average daily trading volume over the last month of 3.3 million shares. High activity was noted for the $560 strike put option expiring November 15, 2024, with 449 contracts trading, representing roughly 44,900 underlying shares of UNH. Illustrated below is a chart showing UNH’s trading patterns for the past twelve months, highlighting the $560 strike in orange:

Ford Motor Co. Sees Significant Options Volume

Ford Motor Co. (Symbol: F) had an impressive options trading volume of 290,145 contracts, equating to about 29.0 million underlying shares. This represents approximately 55% of Ford’s average daily trading volume of 52.7 million shares over the last month. The $11 strike call option expiring November 15, 2024, particularly stood out with 67,721 contracts trading to date, which corresponds to around 6.8 million underlying shares of F. Below is a chart showing F’s trading history over the last twelve months, with the $11 strike marked in orange:

Explore More Options Expiration Dates

For information on various expirations available for DFS, UNH, or F options, visit StockOptionsChannel.com.

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

Additional Resources:

• IJT Dividend History
• LMAOU Historical Stock Prices
• Top Ten Hedge Funds Holding GTIP

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