Noteworthy Tuesday Option Activity: EBAY, STLD, BBY

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in eBay Inc. (Symbol: EBAY), where a total of 38,358 contracts have traded so far, representing approximately 3.8 million underlying shares. That amounts to about 66.4% of EBAY's average daily trading volume over the past month of 5.8 million shares. Particularly high volume was seen for the $47 strike call option expiring March 01, 2024, with 7,843 contracts trading so far today, representing approximately 784,300 underlying shares of EBAY. Below is a chart showing EBAY's trailing twelve month trading history, with the $47 strike highlighted in orange:

Steel Dynamics Inc. (Symbol: STLD) saw options trading volume of 5,833 contracts, representing approximately 583,300 underlying shares or approximately 49.9% of STLD's average daily trading volume over the past month, of 1.2 million shares. Particularly high volume was seen for the $105 strike call option expiring May 17, 2024, with 2,013 contracts trading so far today, representing approximately 201,300 underlying shares of STLD. Below is a chart showing STLD's trailing twelve month trading history, with the $105 strike highlighted in orange:

And Best Buy Inc (Symbol: BBY) options are showing a volume of 12,542 contracts thus far today. That number of contracts represents approximately 1.3 million underlying shares, working out to a sizeable 48.4% of BBY's average daily trading volume over the past month, of 2.6 million shares. Especially high volume was seen for the $79 strike put option expiring March 15, 2024, with 1,205 contracts trading so far today, representing approximately 120,500 underlying shares of BBY. Below is a chart showing BBY's trailing twelve month trading history, with the $79 strike highlighted in orange:

For the various different available expirations for EBAY options, STLD options, or BBY options, visit StockOptionsChannel.com.

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

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