Surge in Options Trading Sees Delta Air Lines, Home Depot, and FTAI Aviation in Focus
Investors are actively engaging with options tied to Delta Air Lines Inc, Home Depot Inc, and FTAI Aviation Ltd today.
Delta Air Lines Options Activity Impresses
Among the components of the Russell 3000 index, Delta Air Lines Inc (Symbol: DAL) is experiencing significant options trading today, with a total volume of 100,782 contracts. This figure translates to approximately 10.1 million underlying shares since one contract represents 100 shares. Notably, this volume reflects 117.2% of DAL’s average daily trading volume of 8.6 million shares over the past month. The $68 strike call option expiring on November 15, 2024, has garnered particular attention, with 30,354 contracts traded, equating to around 3.0 million underlying shares. Below is a chart displaying DAL’s trading history for the past twelve months, highlighting the $68 strike in orange:
Home Depot Options Show Strong Demand
Home Depot Inc (Symbol: HD) is also in the spotlight today, with options volume reaching 35,682 contracts or about 3.6 million underlying shares. This constitutes 105.7% of HD’s average daily trading volume of 3.4 million shares over the previous month. The $390 strike put option set to expire on November 15, 2024, is particularly active, having seen 2,811 contracts traded, which represents roughly 281,100 underlying shares. Below is the chart showcasing HD’s twelve-month trading history, with the $390 strike prominently marked in orange:
FTAI Aviation Options Activity Rising
FTAI Aviation Ltd (Symbol: FTAI) reports a trading volume of 12,247 contracts today, representing around 1.2 million underlying shares. This volume amounts to a notable 102.5% of FTAI’s average daily trading volume, also at 1.2 million shares. The $125 strike call option with an expiration date of November 15, 2024, is attracting significant interest, with 1,807 contracts traded, accounting for about 180,700 underlying shares. The following chart depicts FTAI’s trading history over the last twelve months, highlighting the $125 strike in orange:
For details on the various expiration options for DAL, HD, or FTAI, visit StockOptionsChannel.com.
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