Surge in Options Trading: Micron, Invesco, and Edison International Make Waves

Micron Technology Inc. (MU) Leads the Pack with Significant Volume

Among the companies listed in the S&P 500 index, Micron Technology Inc. (Symbol: MU) has recorded remarkable options trading activity today. A total of 203,534 contracts have been traded, which equates to about 20.4 million underlying shares. This figure stands at approximately 65.1% of MU’s average daily trading volume of 31.3 million shares over the previous month.

Notably, the $100 strike call option set to expire on January 10, 2025, has attracted considerable interest, with 9,801 contracts exchanging hands today. This activity represents roughly 980,100 underlying shares of MU. Below is a chart detailing MU’s trading history over the past twelve months, spotlighting the $100 strike in orange:

Options Volume Rises for Invesco Ltd (IVZ)

Invesco Ltd (Symbol: IVZ) is also seeing increased options activity, with a total of 17,457 contracts traded so far today. This totals approximately 1.7 million underlying shares, representing a robust 58% of IVZ’s average daily trading volume of 3.0 million shares over the last month.

The $15 strike put option, which expires on February 21, 2025, has garnered significant attention, with 16,802 contracts traded today, approximately equivalent to 1.7 million underlying shares of IVZ. Below is a chart portraying IVZ’s twelve-month trading history, highlighting the $15 strike in orange:

Edison International (EIX) Sees Active Options Trading

Edison International (Symbol: EIX) has registered options trading volume of 11,460 contracts, corresponding to about 1.1 million underlying shares. This volume represents approximately 57.9% of EIX’s average daily trading volume of 2.0 million shares over the past month.

A highlight for EIX is the $70 strike put option, which expires on January 17, 2025. This option has recorded trades of 2,858 contracts today, amounting to around 285,800 underlying shares of EIX. Below is the chart depicting EIX’s trading history over the last year, with the $70 strike marked in orange:

For a comprehensive look at available expirations for options on MU, IVZ, or EIX, visit StockOptionsChannel.com.

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

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