Noteworthy Tuesday Option Activity: UAL, META, PYPL

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in United Airlines Holdings Inc (Symbol: UAL), where a total of 74,597 contracts have traded so far, representing approximately 7.5 million underlying shares. That amounts to about 137.1% of UAL's average daily trading volume over the past month of 5.4 million shares. Especially high volume was seen for the $103 strike put option expiring February 21, 2025, with 4,639 contracts trading so far today, representing approximately 463,900 underlying shares of UAL. Below is a chart showing UAL's trailing twelve month trading history, with the $103 strike highlighted in orange:

Meta Platforms Inc (Symbol: META) saw options trading volume of 159,718 contracts, representing approximately 16.0 million underlying shares or approximately 118.8% of META's average daily trading volume over the past month, of 13.4 million shares. Particularly high volume was seen for the $650 strike call option expiring January 24, 2025, with 8,073 contracts trading so far today, representing approximately 807,300 underlying shares of META. Below is a chart showing META's trailing twelve month trading history, with the $650 strike highlighted in orange:

And PayPal Holdings Inc (Symbol: PYPL) saw options trading volume of 87,594 contracts, representing approximately 8.8 million underlying shares or approximately 104.8% of PYPL's average daily trading volume over the past month, of 8.4 million shares. Particularly high volume was seen for the $62.50 strike call option expiring June 18, 2026, with 14,889 contracts trading so far today, representing approximately 1.5 million underlying shares of PYPL. Below is a chart showing PYPL's trailing twelve month trading history, with the $62.50 strike highlighted in orange:

For the various different available expirations for UAL options, META options, or PYPL options, visit StockOptionsChannel.com.

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

Also see:

• Industrial Stocks Hedge Funds Are Buying
• XHYI Options Chain
• Funds Holding SPHD

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