Noteworthy Tuesday Option Activity: XEL, LITE, ABNB
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Xcel Energy Inc (Symbol: XEL), where a total volume of 20,410 contracts has been traded thus far today, a contract volume which is representative of approximately 2.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 44.5% of XEL's average daily trading volume over the past month, of 4.6 million shares. Particularly high volume was seen for the $65 strike put option expiring January 15, 2027, with 20,001 contracts trading so far today, representing approximately 2.0 million underlying shares of XEL. Below is a chart showing XEL's trailing twelve month trading history, with the $65 strike highlighted in orange:
Lumentum Holdings Inc (Symbol: LITE) saw options trading volume of 23,252 contracts, representing approximately 2.3 million underlying shares or approximately 44.5% of LITE's average daily trading volume over the past month, of 5.2 million shares. Especially high volume was seen for the $1000 strike call option expiring August 21, 2026, with 1,893 contracts trading so far today, representing approximately 189,300 underlying shares of LITE. Below is a chart showing LITE's trailing twelve month trading history, with the $1000 strike highlighted in orange:
And Airbnb Inc (Symbol: ABNB) options are showing a volume of 20,610 contracts thus far today. That number of contracts represents approximately 2.1 million underlying shares, working out to a sizeable 41.2% of ABNB's average daily trading volume over the past month, of 5.0 million shares. Particularly high volume was seen for the $197.50 strike call option expiring August 21, 2026, with 10,122 contracts trading so far today, representing approximately 1.0 million underlying shares of ABNB. Below is a chart showing ABNB's trailing twelve month trading history, with the $197.50 strike highlighted in orange:
For the various different available expirations for XEL options, LITE options, or ABNB options, visit StockOptionsChannel.com.
Today's Most Active Call & Put Options of the S&P 500 »
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