High Options Volume Seen for CVS, Oracle, and Amgen Stocks

Heavy trading activity today for CVS, Oracle, and Amgen indicates potential market movements. Traders are focusing on put options, suggesting a cautious outlook. Investors should monitor these developments closely.

Date: 25-03-2025

AI Rating: 6

Options Trading Insights
Today's report highlights significant options trading volumes in three major companies: CVS Health Corporation (CVS), Oracle Corp (ORCL), and Amgen Inc (AMGN).

For CVS, a strong options volume with 38,432 contracts traded represents about 3.8 million underlying shares. This accounts for approximately 43.6% of CVS's average daily trading volume over the past month, indicating notable investor interest. The high volume for the $55 strike put option could suggest some market participants are hedging against potential declines in CVS's stock price.

Oracle's options trading also shows substantial activity, with 50,243 contracts traded, representing around 5.0 million underlying shares, equating to about 42.7% of its average daily volume. The $140 strike put option experiencing high volume may reflect investor sentiment leaning towards caution in the stock's short-term performance.

Amgen shares a similar trend, with 14,031 contracts traded, representing approximately 1.4 million underlying shares, which is 42.5% of its average daily volume. The high volumes for the $300 strike put option imply that traders may be bracing for potential downturns.

While specific financial metrics such as Earnings Per Share (EPS), Revenue Growth, Net Income, Profit Margins, Free Cash Flow, and Return on Equity were not mentioned in the report, the sheer volume of options trading across these companies could signal changes in investor confidence and market expectations that might affect future stock performances.

Stocks: CVS ORCL AMGN