Options Trading Highlights: Exxon, Domino's, and TDS Activity

In a recent report, notable options trading occurred in Exxon Mobil Corp, Domino's Pizza Inc, and Telephone & Data Systems Inc. This activity highlights substantial interest in specific strike prices and might affect the stock prices of these companies moving forward.

Date: 07-10-2024

AI Rating: 6

The report identifies significant options trading activity in three companies: Exxon Mobil Corp (XOM), Domino's Pizza Inc (DPZ), and Telephone & Data Systems Inc (TDS). The trading volume for these stocks indicates investor sentiment that could impact the respective stock prices.

Exxon Mobil Corp (XOM) recorded a total volume of 104,247 contracts traded, amounting to 10.4 million underlying shares, which is 61.7% of its average daily trading volume of 16.9 million shares. Furthermore, a notable volume of 6,455 contracts for the $126 strike call option expiring on October 11, 2024, was observed. This high activity in call options often suggests bullish sentiment on the stock, implying that investors expect a potential increase in the stock price.

Domino's Pizza Inc (DPZ) experienced an options trading volume of 3,538 contracts, representing about 353,800 underlying shares or approximately 61.4% of its average daily trading volume of 576,435 shares. A particularly high volume was seen for the $420 strike put option, with 199 contracts traded. The high activity in put options could indicate a bearish sentiment among investors, who might be anticipating a decrease in stock price, which could affect DPZ negatively.

Telephone & Data Systems Inc (TDS) saw 5,241 contracts traded, representing around 524,100 underlying shares or 59.4% of its average daily trading volume of 882,795 shares. The $17.50 strike put option experienced high trading volume, with 1,250 contracts. This could signal cautious sentiment regarding TDS's stock prospects.

Stocks: XOM DPZ TDS