Notable Wednesday Option Activity: DG, ORCL, HPQ
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Dollar General Corp (Symbol: DG), where a total volume of 12,254 contracts has been traded thus far today, a contract volume which is representative of approximately 1.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 65.2% of DG's average daily trading volume over the past month, of 1.9 million shares. Particularly high volume was seen for the $120 strike put option expiring January 15, 2027, with 1,398 contracts trading so far today, representing approximately 139,800 underlying shares of DG. Below is a chart showing DG's trailing twelve month trading history, with the $120 strike highlighted in orange:
Oracle Corp (Symbol: ORCL) saw options trading volume of 172,094 contracts, representing approximately 17.2 million underlying shares or approximately 63.8% of ORCL's average daily trading volume over the past month, of 27.0 million shares. Especially high volume was seen for the $165 strike call option expiring August 28, 2026, with 12,452 contracts trading so far today, representing approximately 1.2 million underlying shares of ORCL. Below is a chart showing ORCL's trailing twelve month trading history, with the $165 strike highlighted in orange:
And HP Inc (Symbol: HPQ) options are showing a volume of 70,254 contracts thus far today. That number of contracts represents approximately 7.0 million underlying shares, working out to a sizeable 51.7% of HPQ's average daily trading volume over the past month, of 13.6 million shares. Especially high volume was seen for the $30 strike put option expiring September 18, 2026, with 10,120 contracts trading so far today, representing approximately 1.0 million underlying shares of HPQ. Below is a chart showing HPQ's trailing twelve month trading history, with the $30 strike highlighted in orange:
For the various different available expirations for DG options, ORCL options, or HPQ options, visit StockOptionsChannel.com.
Today's Most Active Call & Put Options of the S&P 500 »
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