Notable Wednesday Option Activity: DAL, SOLV, GPN

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Delta Air Lines Inc (Symbol: DAL), where a total volume of 38,776 contracts has been traded thus far today, a contract volume which is representative of approximately 3.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 53.4% of DAL’s average daily trading volume over the past month, of 7.3 million shares. Particularly high volume was seen for the $52 strike put option expiring January 17, 2025, with 6,944 contracts trading so far today, representing approximately 694,400 underlying shares of DAL. Below is a chart showing DAL’s trailing twelve month trading history, with the $52 strike highlighted in orange:

Solventum Corp (Symbol: SOLV) options are showing a volume of 3,215 contracts thus far today. That number of contracts represents approximately 321,500 underlying shares, working out to a sizeable 43.6% of SOLV’s average daily trading volume over the past month, of 737,245 shares.
Especially high volume was seen for the $75 strike call option expiring January 17, 2025, with 1,513 contracts trading so far today, representing approximately 151,300 underlying shares of SOLV. Below is a chart showing SOLV’s trailing twelve month trading history, with the $75 strike highlighted in orange:

And Global Payments Inc (Symbol: GPN) options are showing a volume of 5,888 contracts thus far today. That number of contracts represents approximately 588,800 underlying shares, working out to a sizeable 41.7% of GPN’s average daily trading volume over the past month, of 1.4 million shares.
Particularly high volume was seen for the $115 strike call option expiring March 21, 2025, with 2,021 contracts trading so far today, representing approximately 202,100 underlying shares of GPN. Below is a chart showing GPN’s trailing twelve month trading history, with the $115 strike highlighted in orange:

For the various different available expirations for DAL options, SOLV options, or GPN options, visit StockOptionsChannel.com.

Today’s Most Active Call & Put Options of the S&P 500 »

Also see:

• Large Caps By Top Market Capitalization
• Top Ten Hedge Funds Holding DS
• ETFs Holding GIG

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