Surge in Options Trading: Key Insights on Biogen, Humana, and Clorox
Biogen Inc. Sees Elevated Options Activity
Among the S&P 500 index’s underlying components, Biogen Inc (Symbol: BIIB) captured attention today with a total of 5,693 contracts traded, equivalent to about 569,300 underlying shares. This figure represents approximately 45.2% of BIIB’s average daily trading volume of 1.3 million shares for the past month. A significant portion of today’s trading involved the $175 strike put option scheduled to expire on November 01, 2024, with 1,051 contracts traded so far, translating to roughly 105,100 underlying shares of BIIB. Below is a chart displaying BIIB’s trading history over the last twelve months, highlighting the $175 strike in orange:
Humana Inc. Options Volume Rises Steadily
Humana Inc. (Symbol: HUM) also experienced notable options trading, with 15,834 contracts exchanged. This figure corresponds to roughly 1.6 million underlying shares, accounting for approximately 43.1% of HUM’s average daily trading volume of 3.7 million shares in the previous month. Among the high-volume options today, the $285 strike call option expiring on November 01, 2024, drew particular interest, with 1,303 contracts traded, representing about 130,300 underlying shares of HUM. Below is a chart of HUM’s twelve-month trading history, featuring the $285 strike marked in orange:
Clorox Co. Exhibits Strong Options Trading
Clorox Co (Symbol: CLX) recorded an options volume of 3,890 contracts today. This volume translates to approximately 389,000 underlying shares, which is about 42.3% of CLX’s average daily trading volume of 918,750 shares over the last month. There was particularly high activity in the $145 strike put option set to expire on November 01, 2024, with 1,256 contracts traded today, representing roughly 125,600 underlying shares of CLX. Below is a chart depicting CLX’s trading history for the past twelve months, with the $145 strike highlighted in orange:
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Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
– Institutional Holders of FINV
– Micron Technology Average Annual Return
– STPC Insider Buying
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
