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

Strong options trading activity has been noted today, particularly for Goldman Sachs, Costco, and Valero Energy. This could signal anticipated shifts in stock prices as investors speculate on future movements.

Date: 13-01-2025

AI Rating: 6

Trading Activity Analysis
The report highlights substantial options trading activity among three notable S&P 500 companies: Goldman Sachs (GS), Costco Wholesale (COST), and Valero Energy (VLO). Such activity often signifies investor sentiment and expectations regarding future stock price movements.

Goldman Sachs has seen a trading volume of 12,876 options contracts today, equating to approximately 1.3 million underlying shares. This volume represents 66.4% of GS's average daily trading volume of 1.9 million shares. Furthermore, the $520 strike put option has generated significant interest, with 825 contracts, or around 82,500 underlying shares, trading.

At Costco, the options trading volume reached 13,835 contracts, associated with about 1.4 million underlying shares, making up 63.4% of its average daily trading volume of 2.2 million shares. The $950 strike call option led the volume with 710 contracts, equivalent to 71,000 underlying shares.

Valero Energy recorded the highest trading volume among the three, with 18,038 contracts traded, representing 1.8 million underlying shares—61.5% of its average daily trading volume of 2.9 million shares. A noteworthy $130 strike call option saw 1,718 contracts, representing around 171,800 underlying shares, trading today.

This increase in trading volume can indicate heightened investor activity and potentially signal a shift in stock prices based on the speculations made through options trading.

Stocks: GS COST VLO