Notable Wednesday Option Activity: AVY, MS, CZR

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Avery Dennison Corp (Symbol: AVY), where a total volume of 8,482 contracts has been traded thus far today, a contract volume which is representative of approximately 848,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 146.9% of AVY's average daily trading volume over the past month, of 577,410 shares. Particularly high volume was seen for the $175 strike put option expiring February 21, 2025, with 4,241 contracts trading so far today, representing approximately 424,100 underlying shares of AVY. Below is a chart showing AVY's trailing twelve month trading history, with the $175 strike highlighted in orange:

Morgan Stanley (Symbol: MS) options are showing a volume of 46,017 contracts thus far today. That number of contracts represents approximately 4.6 million underlying shares, working out to a sizeable 76.7% of MS's average daily trading volume over the past month, of 6.0 million shares. Especially high volume was seen for the $150 strike call option expiring March 21, 2025, with 3,055 contracts trading so far today, representing approximately 305,500 underlying shares of MS. Below is a chart showing MS's trailing twelve month trading history, with the $150 strike highlighted in orange:

And Caesars Entertainment Inc (Symbol: CZR) saw options trading volume of 31,766 contracts, representing approximately 3.2 million underlying shares or approximately 69% of CZR's average daily trading volume over the past month, of 4.6 million shares. Especially high volume was seen for the $35 strike put option expiring January 17, 2025, with 8,040 contracts trading so far today, representing approximately 804,000 underlying shares of CZR. Below is a chart showing CZR's trailing twelve month trading history, with the $35 strike highlighted in orange:

For the various different available expirations for AVY options, MS options, or CZR options, visit StockOptionsChannel.com.

Today's Most Active Call & Put Options of the S&P 500 »

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