Most Active Call Options Today: APP, BBWI, and ACN Draw Significant Trading Interest

Several major stocks from the Russell 3000 index attracted substantial options trading volume today, with three names standing out for their notably elevated activity in both call and put options. Traders showed particular interest in contracts expiring in February 2026, signaling potential hedging or speculative positioning in these blue-chip names.

Applovin Corp Leads with High $450 Strike Call Option Volume

Applovin Corp (APP) topped the activity chart with 35,428 option contracts traded so far today, equivalent to roughly 3.5 million underlying shares. This volume accounted for approximately 44.4% of APP’s typical daily trading volume of 8.0 million shares over the past month, indicating notably concentrated interest today.

The most active call option focused on the $450 strike price expiring February 20, 2026, which saw 2,625 contracts exchange hands. This translated to about 262,500 underlying shares of APP, representing a significant concentration within the day’s overall options activity. Such elevated volume in a specific strike suggests organized market positioning around this price level.

Bath & Body Works Demonstrates Strong Call Option Interest at $20 Strike

Bath & Body Works Inc (BBWI) recorded 20,407 option contracts traded today, representing approximately 2.0 million underlying shares. This amount corresponded to roughly 44% of BBWI’s average daily share volume of 4.6 million shares, again reflecting substantially above-normal options activity.

The most active call option contract involved the $20 strike expiring February 20, 2026, with 8,640 contracts trading today. These contracts controlled approximately 864,000 underlying BBWI shares, demonstrating significant trader conviction around this particular strike level as a key price target for the coming weeks.

Accenture’s Put Option Activity Highlights Defensive Positioning

Accenture plc (ACN) showed 24,709 option contracts in trading volume today, equating to roughly 2.5 million underlying shares or approximately 44% of ACN’s past month average daily volume of 5.6 million shares. Interestingly, ACN’s most active contracts were put options rather than calls, potentially reflecting some hedging interest.

The $250 strike put option expiring February 20, 2026 dominated ACN’s options activity with 7,211 contracts traded today, controlling approximately 721,100 underlying shares. This concentration of put option volume may indicate investors establishing downside protection at this support level.

For additional details on options strategies, available expirations, and real-time data on these securities, traders can visit StockOptionsChannel.com for comprehensive analysis of call and put options across the S&P 500 and broader market.