High Options Trading Volume Noted in Key S&P 500 Stocks

Among the components of the S&P 500 index, there has been significant activity in options trading today. Expand Energy Corp (Symbol: EXE) has seen a total of 30,057 contracts traded so far, which translates to approximately 3.0 million underlying shares. This represents about 99.4% of EXE’s average daily trading volume over the past month, also at 3.0 million shares.

Notably, the $120 strike call option expiring on January 16, 2026, experienced particularly high volume, with 23,288 contracts traded, equating to roughly 2.3 million underlying shares of EXE. The chart below illustrates EXE’s trailing twelve-month trading history, highlighting the $120 strike option in orange:

Meanwhile, Workday Inc (Symbol: WDAY) has reported options volume of 13,282 contracts today. This figure corresponds to around 1.3 million underlying shares, making up a substantial 93.7% of WDAY’s average daily trading volume over the past month, which is 1.4 million shares.

Notably, the $270 strike put option expiring on June 20, 2025, has seen considerable activity, with 905 contracts traded, representing about 90,500 underlying shares of WDAY. Below is a chart showing WDAY’s trailing twelve-month trading history, with the $270 strike highlighted in orange:

Also experiencing a substantial options volume is Marriott International, Inc. (Symbol: MAR), with 16,613 contracts traded today. This volume indicates approximately 1.7 million underlying shares, accounting for about 91.6% of MAR’s average daily trading volume over the past month, which stands at 1.8 million shares.

High volume was particularly noted for the $210 strike call option expiring on July 18, 2025, with 9,200 contracts traded, translating to roughly 920,000 underlying shares of MAR. The chart below illustrates MAR’s trailing twelve-month trading history, highlighting the $210 strike option in orange:

For further details on available options expirations for EXE, WDAY, or MAR, please check StockOptionsChannel.com.

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

Also see:

• Top Ten Hedge Funds Holding DVM
• Top Ten Hedge Funds Holding CNTA
• Funds Holding EVOJ

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