Notable Monday Option Activity: OXY, LLY, MCD
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Occidental Petroleum Corp (Symbol: OXY), where a total volume of 63,116 contracts has been traded thus far today, a contract volume which is representative of approximately 6.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 80.2% of OXY's average daily trading volume over the past month, of 7.9 million shares. Particularly high volume was seen for the $61 strike call option expiring September 25, 2026, with 19,149 contracts trading so far today, representing approximately 1.9 million underlying shares of OXY. Below is a chart showing OXY's trailing twelve month trading history, with the $61 strike highlighted in orange:
Eli Lilly (Symbol: LLY) options are showing a volume of 17,413 contracts thus far today. That number of contracts represents approximately 1.7 million underlying shares, working out to a sizeable 73.3% of LLY's average daily trading volume over the past month, of 2.4 million shares. Especially high volume was seen for the $1600 strike call option expiring October 23, 2026, with 1,128 contracts trading so far today, representing approximately 112,800 underlying shares of LLY. Below is a chart showing LLY's trailing twelve month trading history, with the $1600 strike highlighted in orange:
And McDonald's Corp (Symbol: MCD) options are showing a volume of 29,958 contracts thus far today. That number of contracts represents approximately 3.0 million underlying shares, working out to a sizeable 62.6% of MCD's average daily trading volume over the past month, of 4.8 million shares. Especially high volume was seen for the $250 strike put option expiring October 16, 2026, with 1,757 contracts trading so far today, representing approximately 175,700 underlying shares of MCD. Below is a chart showing MCD's trailing twelve month trading history, with the $250 strike highlighted in orange:
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Today's Most Active Call & Put Options of the S&P 500 »
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