On Thursday, a significant uptick in options trading activity was observed among the S&P 500 index components, with PepsiCo Inc (NASDAQ:PEP), Cboe Global Markets Inc (NYSE:CBOE), and American Tower Corp (NYSE:AMT) leading the pack.
PepsiCo Inc recorded a total volume of 119,442 contracts or about 11.9 million underlying shares. This figure is nearly double its average daily trading volume over the past month. Notably, the PEP $175 strike put option expiring on October 20, 2023, witnessed high volume.
Cboe Global Markets Inc also experienced a surge in trading with a volume of 8,558 contracts or approximately 855,800 underlying shares. This surpassed their typical daily trading volume. The $185 strike call option for CBOE set to expire on March 15, 2024, saw particularly high activity.
American Tower Corp's options showed a volume of 21,274 contracts or around 2.1 million underlying shares. This figure is close to their average daily trading volume. Increased activity was seen in the $180 strike put option for AMT expiring on October 20, 2023.
The Most Active Call & Put Options of the S&P 500 were also highlighted on Thursday alongside the companies' trailing twelve-month trading history. Further details on these options and their various expiration dates can be found at StockOptionsChannel.com.
In other news, CATB Price Target and Funds Holding WDC were mentioned along with BBDO Price Target. These pieces of information are essential for investors to make informed decisions about their investments.
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