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18 June
Noteworthy Tuesday Option Activity: TSLA, OXY, BALL

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Tesla Inc (Symbol: TSLA), where a total volume of 941,689 contracts has been traded thus far today, a contract volume which is representative of approximately 94.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 126.3% of TSLA's average daily trading volume over the past month, of 74.6 million shares. Especially high volume was seen for the $200 strike call option expiring June 21, 2024, with 86,388 contracts trading so far today, representing approximately 8.6 million underlying shares of TSLA. Below is a chart showing TSLA's trailing twelve month trading history, with the $200 strike highlighted in orange:

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Occidental Petroleum Corp (Symbol: OXY) options are showing a volume of 69,709 contracts thus far today. That number of contracts represents approximately 7.0 million underlying shares, working out to a sizeable 109.2% of OXY's average daily trading volume over the past month, of 6.4 million shares. Particularly high volume was seen for the $62 strike call option expiring June 21, 2024, with 9,129 contracts trading so far today, representing approximately 912,900 underlying shares of OXY. Below is a chart showing OXY's trailing twelve month trading history, with the $62 strike highlighted in orange:

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And Ball Corp (Symbol: BALL) options are showing a volume of 15,509 contracts thus far today. That number of contracts represents approximately 1.6 million underlying shares, working out to a sizeable 87.1% of BALL's average daily trading volume over the past month, of 1.8 million shares. Especially high volume was seen for the $65 strike put option expiring August 16, 2024, with 6,742 contracts trading so far today, representing approximately 674,200 underlying shares of BALL. Below is a chart showing BALL's trailing twelve month trading history, with the $65 strike highlighted in orange:

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For the various different available expirations for TSLA options, OXY options, or BALL options, visit StockOptionsChannel.com.

Also see:

Funds Holding LAZ
Funds Holding ZING
FDD Historical Stock Prices

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