Options Trading Highlights for CAH, GNRC, and CCL Stocks

Options trading activity is buzzing with notable volumes today. Cardinal Health, Inc. (CAH), Generac Holdings Inc (GNRC), and Carnival Corp (CCL) show significant put and call options trading, which may impact their stock prices moving forward.

Date: 28-01-2025

AI Rating: 6

Overview of Options Trading Activity
Today’s options trading activity highlights three companies: Cardinal Health, Inc. (CAH), Generac Holdings Inc (GNRC), and Carnival Corp (CCL). The volume of options trading can signal investor sentiment and influence stock prices.

Cardinal Health, Inc. (CAH)
CAH has experienced noteworthy options trading activity with a total of 8,445 contracts traded, translating to approximately 844,500 underlying shares. This volume represents about 46.4% of CAH's average daily trading volume of 1.8 million shares over the past month. Specifically, the $129 strike put option expiring January 31, 2025, saw 1,702 contracts traded, equating to about 170,200 underlying shares. High trading volumes in options may suggest increased bearish sentiment, potentially implying a downward pressure on CAH's stock price.

Generac Holdings Inc (GNRC)
GNRC saw options activity with a volume of 3,179 contracts, which translates to approximately 317,900 underlying shares, accounting for 46.1% of GNRC's average daily trading volume of 688,890 shares. Notably, the $145 strike put option expiring May 16, 2025, had 492 contracts change hands. Similar to CAH, heavy put option trading may indicate a bearish outlook among investors.

Carnival Corp (CCL)
CCL experienced the most substantial activity with 82,306 contracts traded, amounting to about 8.2 million underlying shares, or approximately 43.7% of the average daily trading volume over the past month, which is 18.8 million shares. The $28 strike call option expiring February 21, 2025, recorded high interest with 11,159 contracts trading. Such activity could suggest a bullish sentiment towards CCL, potentially leading to upward momentum in the stock price.

Stocks: CAH GNRC CCL