Noteworthy Wednesday Option Activity: LYV, ZBH, PANW

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Live Nation Entertainment Inc (Symbol: LYV), where a total volume of 9,296 contracts has been traded thus far today, a contract volume which is representative of approximately 929,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.4% of LYV's average daily trading volume over the past month, of 1.9 million shares. Especially high volume was seen for the $130 strike put option expiring January 15, 2027, with 5,093 contracts trading so far today, representing approximately 509,300 underlying shares of LYV. Below is a chart showing LYV's trailing twelve month trading history, with the $130 strike highlighted in orange:

Zimmer Biomet Holdings Inc (Symbol: ZBH) saw options trading volume of 6,186 contracts, representing approximately 618,600 underlying shares or approximately 48.2% of ZBH's average daily trading volume over the past month, of 1.3 million shares. Particularly high volume was seen for the $110 strike call option expiring September 19, 2025, with 2,031 contracts trading so far today, representing approximately 203,100 underlying shares of ZBH. Below is a chart showing ZBH's trailing twelve month trading history, with the $110 strike highlighted in orange:

And Palo Alto Networks, Inc (Symbol: PANW) saw options trading volume of 41,499 contracts, representing approximately 4.1 million underlying shares or approximately 45.8% of PANW's average daily trading volume over the past month, of 9.1 million shares. Particularly high volume was seen for the $160 strike put option expiring January 16, 2026, with 2,605 contracts trading so far today, representing approximately 260,500 underlying shares of PANW. Below is a chart showing PANW's trailing twelve month trading history, with the $160 strike highlighted in orange:

For the various different available expirations for LYV options, ZBH options, or PANW options, visit StockOptionsChannel.com.

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

Also see:

• Top Ten Hedge Funds Holding FSLY
• Institutional Holders of JMIA
• Top Ten Hedge Funds Holding PBTS

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