Noteworthy Wednesday Option Activity: PM, RCL, MDT

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Philip Morris International Inc (Symbol: PM), where a total volume of 198,355 contracts has been traded thus far today, a contract volume which is representative of approximately 19.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 312.1% of PM's average daily trading volume over the past month, of 6.4 million shares. Especially high volume was seen for the $130 strike call option expiring January 16, 2026, with 33,608 contracts trading so far today, representing approximately 3.4 million underlying shares of PM. Below is a chart showing PM's trailing twelve month trading history, with the $130 strike highlighted in orange:

Royal Caribbean Group (Symbol: RCL) saw options trading volume of 43,240 contracts, representing approximately 4.3 million underlying shares or approximately 170.7% of RCL's average daily trading volume over the past month, of 2.5 million shares. Particularly high volume was seen for the $145 strike call option expiring January 16, 2026, with 7,300 contracts trading so far today, representing approximately 730,000 underlying shares of RCL. Below is a chart showing RCL's trailing twelve month trading history, with the $145 strike highlighted in orange:

And Medtronic PLC (Symbol: MDT) options are showing a volume of 104,287 contracts thus far today. That number of contracts represents approximately 10.4 million underlying shares, working out to a sizeable 167.1% of MDT's average daily trading volume over the past month, of 6.2 million shares. Especially high volume was seen for the $85 strike call option expiring January 16, 2026, with 36,502 contracts trading so far today, representing approximately 3.7 million underlying shares of MDT. Below is a chart showing MDT's trailing twelve month trading history, with the $85 strike highlighted in orange:

For the various different available expirations for PM options, RCL options, or MDT options, visit StockOptionsChannel.com.

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

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