Spike in Options Trading Volume for Major S&P 500 Stocks

Options trading activity has surged today in major S&P 500 stocks including Ulta Beauty, Cboe Global Markets, and IBM. This significant trading volume indicates potential market movements, which could impact stock prices in the near term.

Date: 07-01-2025

AI Rating: 7

Options Trading Activity
Today, there has been notable options trading activity for three S&P 500 components: Ulta Beauty Inc (ULTA), Cboe Global Markets Inc (CBOE), and International Business Machines Corp (IBM).

For Ulta Beauty (ULTA), a total of 6,938 contracts have been traded, representing approximately 693,800 underlying shares. This volume accounts for 74.8% of ULTA's monthly average daily trading volume of 927,085 shares. The $455 strike call option, expiring on January 10, 2025, saw 646 contracts traded, indicating strong interest in this specific option.

For Cboe Global Markets (CBOE), the trading volume reached 4,755 contracts, equating to around 475,500 shares. This represents 62.2% of CBOE's average daily trading volume over the past month. The $120 strike call option, expiring January 17, 2025, had a significant number of contracts trading at 1,648, highlighting a keen interest in bullish sentiment towards CBOE.

International Business Machines (IBM) exhibited the highest trading volume among these three, with 17,955 contracts traded, corresponding to approximately 1.8 million underlying shares and 47.2% of its average daily trading volume. The $230 strike call option also demonstrated strong activity, with 1,755 contracts traded, signaling potential bullish views on IBM's stock performance.

This surge in options trading volume for ULTA, CBOE, and IBM may reflect investor sentiment and expectations for future price movements. While the analysis lacks key financial metrics such as Earnings Per Share (EPS), Revenue Growth, or Profit Margins, the trading volume alone can have an immediate impact on stock prices due to increased market interest. Such high volumes can create volatility and lead to price fluctuations as traders position themselves ahead of upcoming earnings reports or market movements.

Stocks: ULTA CBOE IBM