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Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Citigroup Inc (Symbol: C), where a total volume of 72,804 contracts has been traded thus far today, a contract volume which is representative of approximately 7.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.2% of C's average daily trading volume over the past month, of 16.1 million shares. Particularly high volume was seen for the $62 strike call option expiring May 03, 2024, with 14,684 contracts trading so far today, representing approximately 1.5 million underlying shares of C. Below is a chart showing C's trailing twelve month trading history, with the $62 strike highlighted in orange:

Steel Dynamics Inc. (Symbol: STLD) options are showing a volume of 4,902 contracts thus far today. That number of contracts represents approximately 490,200 underlying shares, working out to a sizeable 45.1% of STLD's average daily trading volume over the past month, of 1.1 million shares. Especially high volume was seen for the $125 strike put option expiring May 17, 2024, with 2,264 contracts trading so far today, representing approximately 226,400 underlying shares of STLD. Below is a chart showing STLD's trailing twelve month trading history, with the $125 strike highlighted in orange:

And O'Reilly Automotive, Inc. (Symbol: ORLY) options are showing a volume of 1,400 contracts thus far today. That number of contracts represents approximately 140,000 underlying shares, working out to a sizeable 44.1% of ORLY's average daily trading volume over the past month, of 317,205 shares. Especially high volume was seen for the $1020 strike put option expiring May 17, 2024, with 153 contracts trading so far today, representing approximately 15,300 underlying shares of ORLY. Below is a chart showing ORLY's trailing twelve month trading history, with the $1020 strike highlighted in orange:

For the various different available expirations for C options, STLD options, or ORLY options, visit StockOptionsChannel.com.

Dividend Stocks Crossing Above Their 200 DMA
Funds Holding DIAP
TOST YTD Return

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