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Marriott, American Express and Morgan Stanley see surge in options trading volumes

EditorRachael Rajan
Published 04/10/2023, 07:08 am
© Reuters.
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Significant options trading volumes were observed on Tuesday in Marriott International (NASDAQ:MAR), American Express Co. (NYSE:NYSE:AXP), and Morgan Stanley (NYSE:MS), surpassing their average daily volumes from the past month.

Marriott's trading involved 22,809 contracts, which correspond to about 2.3 million underlying shares. This was particularly notable for the company's $185 strike put option with a November 17, 2023 expiration date.

American Express recorded a volume of 21,679 contracts, translating to approximately 2.2 million underlying shares. Morgan Stanley saw even larger activity, with a volume of 50,257 contracts or around 5.0 million underlying shares.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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