Notable Monday Option Activity: CDNS, LVS, ETN

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Cadence Design Systems Inc (Symbol: CDNS), where a total volume of 23,609 contracts has been traded thus far today, a contract volume which is representative of approximately 2.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 92.3% of CDNS's average daily trading volume over the past month, of 2.6 million shares. Especially high volume was seen for the $300 strike put option expiring June 18, 2026, with 10,013 contracts trading so far today, representing approximately 1.0 million underlying shares of CDNS. Below is a chart showing CDNS's trailing twelve month trading history, with the $300 strike highlighted in orange:

Las Vegas Sands Corp (Symbol: LVS) saw options trading volume of 36,639 contracts, representing approximately 3.7 million underlying shares or approximately 84.9% of LVS's average daily trading volume over the past month, of 4.3 million shares. Especially high volume was seen for the $50 strike call option expiring June 18, 2026, with 19,206 contracts trading so far today, representing approximately 1.9 million underlying shares of LVS. Below is a chart showing LVS's trailing twelve month trading history, with the $50 strike highlighted in orange:

And Eaton Corp plc (Symbol: ETN) options are showing a volume of 10,325 contracts thus far today. That number of contracts represents approximately 1.0 million underlying shares, working out to a sizeable 45.2% of ETN's average daily trading volume over the past month, of 2.3 million shares. Especially high volume was seen for the $430 strike call option expiring July 17, 2026, with 631 contracts trading so far today, representing approximately 63,100 underlying shares of ETN. Below is a chart showing ETN's trailing twelve month trading history, with the $430 strike highlighted in orange:

For the various different available expirations for CDNS options, LVS options, or ETN options, visit StockOptionsChannel.com.

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

Also see:

• Canada Stock Channel
• IWP shares outstanding history
• Utilities Dividend Stock List

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