Significant Options Trading Volume in DHI, TSLA, and LRCX
Today, the S&P 500 index witnessed noteworthy options trading volume, with attention drawn to DHI, TSLA, and LRCX. Horton Inc (DHI) experienced a surge in options trading volume, with an impressive 32,329 contracts traded, equivalent to approximately 3.2 million underlying shares. This amounted to a staggering 122.3% of DHI’s average daily trading volume over the past month. Notably, the $120 strike put option expiring November 15, 2024, saw heightened activity with 3,329 contracts traded, representing about 332,900 underlying shares of DHI.
Delving into Tesla Inc (TSLA), the company saw a robust options trading volume of 1.3 million contracts, indicating approximately 129.5 million underlying shares changing hands, which is about 105.6% of TSLA’s average daily trading volume over the past month. The $260 strike call option expiring on July 19, 2024, stood out with 121,589 contracts traded, representing roughly 12.2 million underlying shares of TSLA.
Lam Research Corp (LRCX) also exhibited substantial options trading activity, with 9,525 contracts traded so far. This volume translates to around 952,500 underlying shares, a significant 97.9% of LRCX’s average daily trading volume over the past month. The $980 strike put option expiring on July 26, 2024, recorded notable activity with 660 contracts traded, representing approximately 66,000 underlying shares of LRCX.
Analyzing the Trading History
Reflecting on the trailing twelve month trading histories of DHI, TSLA, and LRCX, the options market activity provides valuable insights for investors. Charts displaying this historical data, with highlighted strike prices, offer a visual representation of the trading patterns and the impact of the recent options trading volumes.
Investors keen on exploring the various available expirations for DHI, TSLA, or LRCX options can find more information on StockOptionsChannel.com, a platform offering comprehensive data and analysis on options trading.
For insights into the most active call and put options of the S&P 500, check out Today’s Most Active Call & Put Options of the S&P 500.
Further Resources:
Explore market cap history
Discover Institutional Holders
Learn about Average Annual Returns