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

Significant options trading activity has been observed in major S&P 500 companies like Home Depot, Airbnb, and Walmart. The heightened trading volumes suggest market anticipation and could influence stock prices in the near term.

Date: 24-01-2025

AI Rating: 6

Options Trading Activity Overview
Recent report highlights substantial options trading activity in three S&P 500 companies: Home Depot Inc (HD), Airbnb Inc (ABNB), and Walmart Inc (WMT). The volume of contracts traded today represents a significant percentage of these companies' average daily trading volumes.

Home Depot (HD)
Home Depot observed a total of 16,065 contracts traded, amounting to approximately 1.6 million underlying shares. This volume is about 55.3% of its average daily trading volume of 2.9 million shares. Additionally, a noteworthy spike in interest was noted for the $395 strike put option with 2,575 contracts trading, equivalent to about 257,500 underlying shares.

Airbnb (ABNB)
In the case of Airbnb, the options trading includes 19,353 contracts, translating to around 1.9 million underlying shares, or 55% of its average daily volume of 3.5 million shares. The $131 strike call option saw particularly high interest, with 2,035 contracts or 203,500 underlying shares traded.

Walmart (WMT)
Walmart's trading details show 74,204 contracts have been traded, representing approximately 7.4 million underlying shares, equating to around 50.6% of its average daily volume of 14.7 million shares. The $95 strike call option attracted significant activity with 8,632 contracts traded, equivalent to about 863,200 shares.

Overall, the increased options activity indicates a strong sentiment in the market, reflecting traders' expectations for future movement in these companies' stock prices. While the analysis does not provide specifics on earnings, revenues, or other financial metrics, the heightened options trading volume itself could lead to volatility in stock prices.

Stocks: HD ABNB WMT