Marriott, American Express, and Morgan Stanley Experience Surge in Options Trading Volumes

On Tuesday, there was a notable increase in options trading volumes for Marriott International, American Express, and Morgan Stanley, all of which surpassed their average daily volumes from the previous month.

Marriott saw 22,809 contracts traded, equating to approximately 2.3 million underlying shares. This activity was particularly significant for the company’s $185 strike put option set to expire on November 17, 2023.

American Express recorded a trading volume of 21,679 contracts, which represents around 2.2 million underlying shares. Meanwhile, Morgan Stanley experienced even greater trading activity, with 50,257 contracts exchanged, amounting to about 5.0 million underlying shares.

This article was generated with the support of AI and reviewed by an editor.