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24 April
Noteworthy Wednesday Option Activity: HUM, GD, ALGN

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Humana Inc. (Symbol: HUM), where a total of 27,774 contracts have traded so far, representing approximately 2.8 million underlying shares. That amounts to about 150.8% of HUM's average daily trading volume over the past month of 1.8 million shares. Particularly high volume was seen for the $295 strike put option expiring May 31, 2024, with 2,266 contracts trading so far today, representing approximately 226,600 underlying shares of HUM. Below is a chart showing HUM's trailing twelve month trading history, with the $295 strike highlighted in orange:

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General Dynamics Corp (Symbol: GD) saw options trading volume of 9,106 contracts, representing approximately 910,600 underlying shares or approximately 87.9% of GD's average daily trading volume over the past month, of 1.0 million shares. Particularly high volume was seen for the $300 strike call option expiring August 16, 2024, with 2,809 contracts trading so far today, representing approximately 280,900 underlying shares of GD. Below is a chart showing GD's trailing twelve month trading history, with the $300 strike highlighted in orange:

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And Align Technology Inc (Symbol: ALGN) options are showing a volume of 3,917 contracts thus far today. That number of contracts represents approximately 391,700 underlying shares, working out to a sizeable 70.3% of ALGN's average daily trading volume over the past month, of 557,515 shares. Especially high volume was seen for the $420 strike call option expiring April 26, 2024, with 285 contracts trading so far today, representing approximately 28,500 underlying shares of ALGN. Below is a chart showing ALGN's trailing twelve month trading history, with the $420 strike highlighted in orange:

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For the various different available expirations for HUM options, GD options, or ALGN options, visit StockOptionsChannel.com.

Also see:

Institutional Holders of KMPR
RDVT YTD Return
CME Options Chain

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