High Options Trading Volume Seen in CCK, HSY, and GETY

Stock Alert: Increased options trading volume noted in Crown Holdings, Hershey Company, and Getty Images. This surge may indicate potential price movement and investor sentiment around these stocks.

Date: 03-01-2025

AI Rating: 6

Overview of Trading Volume
Today's report highlights significant options trading activities for three companies: Crown Holdings Inc. (CCK), Hershey Company (HSY), and Getty Images Holdings Inc. (GETY). This abnormal volume indicates a heightened interest and potential price shifts.

Crown Holdings Inc. (CCK)
CCK experienced an impressive options trading volume of 11,919 contracts, representing about 1.2 million underlying shares, or 81.7% of its average daily volume. A notable surge was observed in the $80 strike put option, which saw 5,960 contracts traded. High options volume can suggest investors are hedging against volatility or anticipating a price decrease.

Hershey Company (HSY)
HSY's options trading volume reached 22,394 contracts, indicating about 2.2 million underlying shares or 77.5% of its average daily volume. The particularly high volume of the $220 strike call option, with 10,026 contracts, shows significant bullish sentiment among traders, possibly pointing toward expected price increase.

Getty Images Holdings Inc. (GETY)
GETY saw options volume of 4,671 contracts, equating to 467,100 underlying shares, or 74% of its average volume. A surge in the $2 strike call option with 1,587 contracts traded might reflect investor optimism regarding the stock's future performance. Given that call options are typically purchased when investors anticipate price increases, this could be a signal of bullish sentiment.

Stocks: CCK HSY GETY