Notable Wednesday Option Activity: PNC, AXON, GNRC

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in PNC Financial Services Group (Symbol: PNC), where a total volume of 13,017 contracts has been traded thus far today, a contract volume which is representative of approximately 1.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 78.2% of PNC's average daily trading volume over the past month, of 1.7 million shares. Especially high volume was seen for the $185 strike call option expiring October 17, 2025, with 1,682 contracts trading so far today, representing approximately 168,200 underlying shares of PNC. Below is a chart showing PNC's trailing twelve month trading history, with the $185 strike highlighted in orange:

Axon Enterprise Inc (Symbol: AXON) options are showing a volume of 3,249 contracts thus far today. That number of contracts represents approximately 324,900 underlying shares, working out to a sizeable 54.8% of AXON's average daily trading volume over the past month, of 593,140 shares. Especially high volume was seen for the $600 strike put option expiring January 16, 2026, with 289 contracts trading so far today, representing approximately 28,900 underlying shares of AXON. Below is a chart showing AXON's trailing twelve month trading history, with the $600 strike highlighted in orange:

And Generac Holdings Inc (Symbol: GNRC) saw options trading volume of 5,670 contracts, representing approximately 567,000 underlying shares or approximately 53.3% of GNRC's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume was seen for the $200 strike call option expiring October 17, 2025, with 1,231 contracts trading so far today, representing approximately 123,100 underlying shares of GNRC. Below is a chart showing GNRC's trailing twelve month trading history, with the $200 strike highlighted in orange:

For the various different available expirations for PNC options, AXON options, or GNRC options, visit StockOptionsChannel.com.

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

Also see:

• CDx3 Weekly Preferred Stock Newsletter
• Institutional Holders of CCAC
• Top Ten Hedge Funds Holding SANM

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