Noteworthy Monday Option Activity: PYPL, LVS, AZO

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in PayPal Holdings Inc (Symbol: PYPL), where a total volume of 85,779 contracts has been traded thus far today, a contract volume which is representative of approximately 8.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 96.6% of PYPL's average daily trading volume over the past month, of 8.9 million shares. Especially high volume was seen for the $95 strike call option expiring December 13, 2024, with 9,352 contracts trading so far today, representing approximately 935,200 underlying shares of PYPL. Below is a chart showing PYPL's trailing twelve month trading history, with the $95 strike highlighted in orange:

Las Vegas Sands Corp (Symbol: LVS) options are showing a volume of 43,021 contracts thus far today. That number of contracts represents approximately 4.3 million underlying shares, working out to a sizeable 86.5% of LVS's average daily trading volume over the past month, of 5.0 million shares. Particularly high volume was seen for the $60 strike call option expiring December 20, 2024, with 8,696 contracts trading so far today, representing approximately 869,600 underlying shares of LVS. Below is a chart showing LVS's trailing twelve month trading history, with the $60 strike highlighted in orange:

And AutoZone, Inc. (Symbol: AZO) saw options trading volume of 920 contracts, representing approximately 92,000 underlying shares or approximately 65.7% of AZO's average daily trading volume over the past month, of 140,050 shares. Particularly high volume was seen for the $3050 strike put option expiring December 20, 2024, with 103 contracts trading so far today, representing approximately 10,300 underlying shares of AZO. Below is a chart showing AZO's trailing twelve month trading history, with the $3050 strike highlighted in orange:

For the various different available expirations for PYPL options, LVS options, or AZO options, visit StockOptionsChannel.com.

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

Also see:

• SPXE shares outstanding history
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• Funds Holding LESL

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.