Notable Friday Option Activity: IBM, LULU, XYZ
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in International Business Machines Corp (Symbol: IBM), where a total volume of 31,221 contracts has been traded thus far today, a contract volume which is representative of approximately 3.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 54.2% of IBM's average daily trading volume over the past month, of 5.8 million shares. Especially high volume was seen for the $230 strike call option expiring October 02, 2026, with 2,297 contracts trading so far today, representing approximately 229,700 underlying shares of IBM. Below is a chart showing IBM's trailing twelve month trading history, with the $230 strike highlighted in orange:
lululemon athletica inc (Symbol: LULU) saw options trading volume of 39,405 contracts, representing approximately 3.9 million underlying shares or approximately 49.6% of LULU's average daily trading volume over the past month, of 7.9 million shares. Particularly high volume was seen for the $97 strike call option expiring October 02, 2026, with 2,611 contracts trading so far today, representing approximately 261,100 underlying shares of LULU. Below is a chart showing LULU's trailing twelve month trading history, with the $97 strike highlighted in orange:
And Block Inc (Symbol: XYZ) saw options trading volume of 17,801 contracts, representing approximately 1.8 million underlying shares or approximately 45.8% of XYZ's average daily trading volume over the past month, of 3.9 million shares. Especially high volume was seen for the $70 strike put option expiring October 16, 2026, with 3,221 contracts trading so far today, representing approximately 322,100 underlying shares of XYZ. Below is a chart showing XYZ's trailing twelve month trading history, with the $70 strike highlighted in orange:
For the various different available expirations for IBM options, LULU options, or XYZ options, visit StockOptionsChannel.com.
Today's Most Active Call & Put Options of the S&P 500 »
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