Noteworthy Tuesday Option Activity: GEHC, HD, GLW

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in GE HealthCare Technologies Inc (Symbol: GEHC), where a total volume of 18,236 contracts has been traded thus far today, a contract volume which is representative of approximately 1.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 87% of GEHC's average daily trading volume over the past month, of 2.1 million shares. Especially high volume was seen for the $89 strike call option expiring November 01, 2024, with 4,200 contracts trading so far today, representing approximately 420,000 underlying shares of GEHC. Below is a chart showing GEHC's trailing twelve month trading history, with the $89 strike highlighted in orange:

Home Depot Inc (Symbol: HD) options are showing a volume of 25,251 contracts thus far today. That number of contracts represents approximately 2.5 million underlying shares, working out to a sizeable 81.9% of HD's average daily trading volume over the past month, of 3.1 million shares. Especially high volume was seen for the $350 strike put option expiring December 20, 2024, with 5,020 contracts trading so far today, representing approximately 502,000 underlying shares of HD. Below is a chart showing HD's trailing twelve month trading history, with the $350 strike highlighted in orange:

And Corning Inc (Symbol: GLW) saw options trading volume of 28,194 contracts, representing approximately 2.8 million underlying shares or approximately 68.4% of GLW's average daily trading volume over the past month, of 4.1 million shares. Particularly high volume was seen for the $49 strike call option expiring November 15, 2024, with 5,282 contracts trading so far today, representing approximately 528,200 underlying shares of GLW. Below is a chart showing GLW's trailing twelve month trading history, with the $49 strike highlighted in orange:

For the various different available expirations for GEHC options, HD options, or GLW options, visit StockOptionsChannel.com.

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

Also see:

• Stocks Crossing Below Book Value
• Marsh and McLennan Companies YTD Return
• ERF Options Chain

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