Notable Tuesday Option Activity: DAL, META, COST

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Delta Air Lines Inc (Symbol: DAL), where a total volume of 190,435 contracts has been traded thus far today, a contract volume which is representative of approximately 19.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 123.4% of DAL's average daily trading volume over the past month, of 15.4 million shares. Particularly high volume was seen for the $70 strike call option expiring April 17, 2026, with 74,074 contracts trading so far today, representing approximately 7.4 million underlying shares of DAL. Below is a chart showing DAL's trailing twelve month trading history, with the $70 strike highlighted in orange:

Meta Platforms Inc (Symbol: META) options are showing a volume of 178,419 contracts thus far today. That number of contracts represents approximately 17.8 million underlying shares, working out to a sizeable 105% of META's average daily trading volume over the past month, of 17.0 million shares. Especially high volume was seen for the $565 strike put option expiring April 08, 2026, with 5,580 contracts trading so far today, representing approximately 558,000 underlying shares of META. Below is a chart showing META's trailing twelve month trading history, with the $565 strike highlighted in orange:

And Costco Wholesale Corp (Symbol: COST) saw options trading volume of 14,295 contracts, representing approximately 1.4 million underlying shares or approximately 86.7% of COST's average daily trading volume over the past month, of 1.6 million shares. Especially high volume was seen for the $1070 strike call option expiring April 17, 2026, with 1,116 contracts trading so far today, representing approximately 111,600 underlying shares of COST. Below is a chart showing COST's trailing twelve month trading history, with the $1070 strike highlighted in orange:

For the various different available expirations for DAL options, META options, or COST options, visit StockOptionsChannel.com.

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

Also see:

• Highest Yielding BDCs
• Institutional Holders of RVSN
• Preferred Crosses Below Par

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