High Options Trading Volume for Three S&P 500 Firms

Investors are noticing significant options trading volume today, especially in PulteGroup Inc (PHM), Idexx Laboratories (IDXX), and Cboe Global Markets Inc (CBOE). This trading activity could indicate changing investor sentiment and potential impacts on stock prices.

Date: 15-01-2025

AI Rating: 6

Options Trading Analysis
Today's options trading volume has been noteworthy across three S&P 500 companies. This can have implications for stock prices due to the increased interest and investor sentiment reflected in these trades.

PulteGroup Inc (Symbol: PHM) experienced impressive options trading volume with a total of 9,455 contracts, equating to about 945,500 underlying shares traded. This represents approximately 47.7% of PHM's average daily trading volume of 2.0 million shares over the past month. The high volume in the $125 strike call option, which saw 5,119 contracts, indicates bullish sentiment among investors. This could positively impact PHM's stock price as traders position themselves for potential gains.

Idexx Laboratories, Inc. (Symbol: IDXX) also observed significant trading with 2,371 contracts, or around 237,100 underlying shares, translating to 46.2% of its average daily trading volume of 513,130 shares. The high volume for the $390 strike put option, comprising 1,466 contracts, suggests a bearish outlook, which may place downward pressure on IDXX's stock price.

Cboe Global Markets Inc (Symbol: CBOE) had a trading volume of 3,550 contracts, representing approximately 355,000 underlying shares, which is 44.9% of its average daily trading volume. The $192.50 strike call option saw 1,437 contracts traded, indicating bullish investor sentiment for CBOE – potentially enhancing its stock value.

Stocks: PHM IDXX CBOE