High Options Activity in Freeport, Micron, and Dell Today

Options trading heats up with FCX, MU, and DELL showing significant activity. Freeport-McMoran registers 99,381 contracts traded today, indicating strong investor interest that may drive stock prices.

Date: 07-02-2025

AI Rating: 6

Stock Options Trading Overview
Today’s options trading activity among the S&P 500 includes notable volumes for Freeport-McMoran Copper & Gold (FCX), Micron Technology Inc. (MU), and Dell Technologies Inc. (DELL). High options activity can indicate investor sentiment and potential volatility in stock prices.

For FCX, the trading volume of 99,381 contracts represents approximately 9.9 million underlying shares, which is 67% of its average daily trading volume of 14.8 million shares. The notable trading was observed for the $39 call option expiring on February 21, 2025, with 11,858 contracts traded, suggesting bullish sentiment among investors.

In the case of MU, with 106,880 contracts representing about 10.7 million underlying shares, it accounts for 46.4% of its average daily trading volume of 23.1 million shares. The $95 call option expiring on February 07, 2025, also attracted considerable attention with 4,739 contracts traded, indicating that investors may expect the stock to rise.

DELL saw a slightly lower volume of 40,333 contracts, representing approximately 4.0 million underlying shares or 46% of its average daily trading volume of 8.8 million shares. Particularly, the $100 put option expiring on June 20, 2025, attracted 2,762 contracts traded, which could reflect hedging activity among investors.

Overall, the high volume of options trading in these companies suggests fluctuating investor sentiment, particularly for FCX and MU, where bullish expectations are evident. Changes in stock prices could be influenced by this activity as these traders anticipate future movements.

Stocks: FCX MU DELL