Taking a look at choices buying and selling exercise amongst parts of the S&P 500 index, there’s noteworthy exercise right this moment in Microsoft Company (Image: MSFT), the place a complete quantity of 122,723 contracts has been traded so far right this moment, a contract quantity which is consultant of roughly 12.3 million underlying shares (given that each 1 contract represents 100 underlying shares). That quantity works out to 49.9% of MSFT’s common day by day buying and selling quantity over the previous month, of 24.6 million shares. Significantly excessive quantity was seen for the $427.50 strike call option expiring November 29, 2024, with 9,751 contracts buying and selling thus far right this moment, representing roughly 975,100 underlying shares of MSFT. Beneath is a chart exhibiting MSFT’s trailing twelve month buying and selling historical past, with the $427.50 strike highlighted in orange:
ON Semiconductor Corp (Image: ON) noticed choices buying and selling quantity of 26,116 contracts, representing roughly 2.6 million underlying shares or roughly 44.5% of ON’s common day by day buying and selling quantity over the previous month, of 5.9 million shares.
Particularly excessive quantity was seen for the $58 strike put option expiring December 06, 2024, with 10,800 contracts buying and selling thus far right this moment, representing roughly 1.1 million underlying shares of ON. Beneath is a chart exhibiting ON’s trailing twelve month buying and selling historical past, with the $58 strike highlighted in orange:
And MGM Resorts Worldwide (Image: MGM) noticed choices buying and selling quantity of 20,038 contracts, representing roughly 2.0 million underlying shares or roughly 44.2% of MGM’s common day by day buying and selling quantity over the previous month, of 4.5 million shares.
Significantly excessive quantity was seen for the $38 strike call option expiring November 29, 2024, with 13,443 contracts buying and selling thus far right this moment, representing roughly 1.3 million underlying shares of MGM. Beneath is a chart exhibiting MGM’s trailing twelve month buying and selling historical past, with the $38 strike highlighted in orange:
For the varied totally different obtainable expirations for MSFT options, ON options, or MGM options, go to StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Additionally see:
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
