Noteworthy Tuesday Option Activity: CNC, TECH, UNH

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Centene Corp (Symbol: CNC), where a total volume of 32,950 contracts has been traded thus far today, a contract volume which is representative of approximately 3.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 67.4% of CNC's average daily trading volume over the past month, of 4.9 million shares. Especially high volume was seen for the $30 strike put option expiring April 10, 2026, with 19,999 contracts trading so far today, representing approximately 2.0 million underlying shares of CNC. Below is a chart showing CNC's trailing twelve month trading history, with the $30 strike highlighted in orange:

Bio-Techne Corp (Symbol: TECH) options are showing a volume of 15,116 contracts thus far today. That number of contracts represents approximately 1.5 million underlying shares, working out to a sizeable 62.4% of TECH's average daily trading volume over the past month, of 2.4 million shares. Especially high volume was seen for the $60 strike call option expiring April 17, 2026, with 5,055 contracts trading so far today, representing approximately 505,500 underlying shares of TECH. Below is a chart showing TECH's trailing twelve month trading history, with the $60 strike highlighted in orange:

And UnitedHealth Group Inc (Symbol: UNH) saw options trading volume of 39,170 contracts, representing approximately 3.9 million underlying shares or approximately 47.5% of UNH's average daily trading volume over the past month, of 8.3 million shares. Especially high volume was seen for the $300 strike call option expiring April 17, 2026, with 2,172 contracts trading so far today, representing approximately 217,200 underlying shares of UNH. Below is a chart showing UNH's trailing twelve month trading history, with the $300 strike highlighted in orange:

For the various different available expirations for CNC options, TECH options, or UNH options, visit StockOptionsChannel.com.

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

Also see:

• ETFs Holding TSEM
• Top Ten Hedge Funds Holding ECNS
• Institutional Holders of WLY

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