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Walmart, Deere & PayPal Show High Options Trading Volume Today

High options trading activity is reported for Walmart, Deere, and PayPal. Walmart's options volume is 99,862 contracts, signaling significant interest that may influence stock prices.

Date: 
AI Rating:   5

Options Trading Activity and its Influence
Analyzing the trading activity among the Russell 3000 index components today reveals significant options trading for a few key companies: Walmart Inc (WMT), Deere & Co (DE), and PayPal Holdings Inc (PYPL). The volume of contracts traded suggests that market participants anticipate volatility or directional movement in these stocks.

Walmart Inc (WMT)
Walmart's options trading reflects a total volume of 99,862 contracts, which corresponds to about 10 million underlying shares. This figure is notably 65.6% of WMT's average daily trading volume over the past month. The particularly high activity around the $100 strike put option, with 6,785 contracts traded, could indicate a bearish sentiment among investors, anticipating potential declines in Walmart’s stock price.

Deere & Co (DE)
For Deere, the options volume reached 8,713 contracts, or approximately 871,300 underlying shares, representing 64.6% of its average daily volume. Interest in the $400 strike put option suggests cautious sentiment, as traders position themselves ahead of potential downturns.

PayPal Holdings Inc (PYPL)
PayPal's options trading shows 83,987 contracts traded for around 8.4 million shares, which is 64.4% of its average daily volume. The $78 strike call option has garnered attention, indicating a potential bullish outlook from some investors, possibly betting on a price increase.

Overall, the increased trading volumes suggest active speculation and possible volatility ahead for these stocks. While none of the key financial metrics such as EPS, revenue growth, or net income were discussed, the emphasis on options volume provides insights into investor sentiment that may affect the respective stock prices moving forward.