Notable Monday Option Activity: DELL, FFIV, CVS

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Dell Technologies Inc (Symbol: DELL), where a total volume of 50,865 contracts has been traded thus far today, a contract volume which is representative of approximately 5.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 90.6% of DELL's average daily trading volume over the past month, of 5.6 million shares. Particularly high volume was seen for the $120 strike put option expiring November 21, 2025, with 3,825 contracts trading so far today, representing approximately 382,500 underlying shares of DELL. Below is a chart showing DELL's trailing twelve month trading history, with the $120 strike highlighted in orange:

F5 Inc (Symbol: FFIV) saw options trading volume of 7,250 contracts, representing approximately 725,000 underlying shares or approximately 64.4% of FFIV's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume was seen for the $240 strike call option expiring January 16, 2026, with 3,009 contracts trading so far today, representing approximately 300,900 underlying shares of FFIV. Below is a chart showing FFIV's trailing twelve month trading history, with the $240 strike highlighted in orange:

And CVS Health Corporation (Symbol: CVS) options are showing a volume of 41,298 contracts thus far today. That number of contracts represents approximately 4.1 million underlying shares, working out to a sizeable 54.8% of CVS's average daily trading volume over the past month, of 7.5 million shares. Especially high volume was seen for the $82 strike call option expiring November 21, 2025, with 23,549 contracts trading so far today, representing approximately 2.4 million underlying shares of CVS. Below is a chart showing CVS's trailing twelve month trading history, with the $82 strike highlighted in orange:

For the various different available expirations for DELL options, FFIV options, or CVS options, visit StockOptionsChannel.com.

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

Also see:

• Top Ten Hedge Funds Holding XSPL
• DWRE Options Chain
• Institutional Holders of SOLZ

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