Notable Thursday Option Activity: AAPL, PYPL, CVS
Stock Options Channel Staff - Thursday, October 7, 1:22 PMAmong the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Apple Inc (AAPL), where a total of 753,400 contracts have traded so far, representing approximately 75.3 million underlying shares. That amounts to about 84.2% of AAPL's average daily trading volume over the past month of 89.4 million shares. Particularly high volume was seen for the $145 strike call option expiring October 08, 2021, with 69,570 contracts trading so far today, representing approximately 7.0 million underlying shares of AAPL. Below is a chart showing AAPL's trailing twelve month trading history, with the $145 strike highlighted in orange:
PayPal Holdings Inc (PYPL) saw options trading volume of 36,369 contracts, representing approximately 3.6 million underlying shares or approximately 67.5% of PYPL's average daily trading volume over the past month, of 5.4 million shares.
Particularly high volume was seen for the $250 strike put option expiring March 18, 2022, with 2,386 contracts trading so far today, representing approximately 238,600 underlying shares of PYPL. Below is a chart showing PYPL's trailing twelve month trading history, with the $250 strike highlighted in orange:
And CVS Health Corporation (CVS) options are showing a volume of 31,779 contracts thus far today. That number of contracts represents approximately 3.2 million underlying shares, working out to a sizeable 61.5% of CVS's average daily trading volume over the past month, of 5.2 million shares.
Especially high volume was seen for the $86 strike call option expiring October 15, 2021, with 8,204 contracts trading so far today, representing approximately 820,400 underlying shares of CVS. Below is a chart showing CVS's trailing twelve month trading history, with the $86 strike highlighted in orange:
For the various different available expirations for AAPL options, PYPL options, or CVS options, visit StockOptionsChannel.com.