Notable Wednesday Option Activity: PLTR, GS, CVS

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Palantir Technologies Inc (Symbol: PLTR), where a total volume of 488,681 contracts has been traded thus far today, a contract volume which is representative of approximately 48.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 62.8% of PLTR’s average daily trading volume over the past month, of 77.8 million shares. Particularly high volume was seen for the $80 strike call option expiring December 20, 2024, with 31,973 contracts trading so far today, representing approximately 3.2 million underlying shares of PLTR. Below is a chart showing PLTR’s trailing twelve month trading history, with the $80 strike highlighted in orange:

Goldman Sachs Group Inc (Symbol: GS) options are showing a volume of 11,613 contracts thus far today. That number of contracts represents approximately 1.2 million underlying shares, working out to a sizeable 62.3% of GS’s average daily trading volume over the past month, of 1.9 million shares.
Particularly high volume was seen for the $585 strike call option expiring January 03, 2025, with 1,485 contracts trading so far today, representing approximately 148,500 underlying shares of GS. Below is a chart showing GS’s trailing twelve month trading history, with the $585 strike highlighted in orange:

And CVS Health Corporation (Symbol: CVS) options are showing a volume of 58,804 contracts thus far today. That number of contracts represents approximately 5.9 million underlying shares, working out to a sizeable 45.8% of CVS’s average daily trading volume over the past month, of 12.8 million shares.
Especially high volume was seen for the $50 strike call option expiring January 17, 2025, with 5,102 contracts trading so far today, representing approximately 510,200 underlying shares of CVS. Below is a chart showing CVS’s trailing twelve month trading history, with the $50 strike highlighted in orange:

For the various different available expirations for PLTR options, GS options, or CVS options, visit StockOptionsChannel.com.

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

Also see:

• Dividend Stocks
• TERP market cap history
• PRST YTD Return

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