News

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Morgan Stanley (Symbol: MS), where a total volume of 43,286 contracts has been traded thus far today, a contract volume which is representative of approximately 4.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 53.6% of MS's average daily trading volume over the past month, of 8.1 million shares. Particularly high volume was seen for the $97 strike call option expiring May 10, 2024, with 6,658 contracts trading so far today, representing approximately 665,800 underlying shares of MS. Below is a chart showing MS's trailing twelve month trading history, with the $97 strike highlighted in orange:

Microsoft Corporation (Symbol: MSFT) saw options trading volume of 106,686 contracts, representing approximately 10.7 million underlying shares or approximately 50.9% of MSFT's average daily trading volume over the past month, of 20.9 million shares. Especially high volume was seen for the $435 strike call option expiring May 17, 2024, with 8,783 contracts trading so far today, representing approximately 878,300 underlying shares of MSFT. Below is a chart showing MSFT's trailing twelve month trading history, with the $435 strike highlighted in orange:

And Lowe's Companies Inc (Symbol: LOW) saw options trading volume of 8,460 contracts, representing approximately 846,000 underlying shares or approximately 43.5% of LOW's average daily trading volume over the past month, of 1.9 million shares. Particularly high volume was seen for the $222.50 strike put option expiring May 17, 2024, with 2,849 contracts trading so far today, representing approximately 284,900 underlying shares of LOW. Below is a chart showing LOW's trailing twelve month trading history, with the $222.50 strike highlighted in orange:

For the various different available expirations for MS options, MSFT options, or LOW options, visit StockOptionsChannel.com.

Also see:

Oversold Canadian Stocks
EXTR Average Annual Return
SEB Dividend Growth Rate

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