Notable Thursday Option Activity: PANW, MCD, KR

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Palo Alto Networks, Inc (Symbol: PANW), where a total volume of 41,569 contracts has been traded thus far today, a contract volume which is representative of approximately 4.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 75.8% of PANW's average daily trading volume over the past month, of 5.5 million shares. Especially high volume was seen for the $425 strike call option expiring September 04, 2026 , with 1,640 contracts trading so far today, representing approximately 164,000 underlying shares of PANW. Below is a chart showing PANW's trailing twelve month trading history, with the $425 strike highlighted in orange: McDonald's Corp (Symbol: MCD) options are showing a volume of 29,901 contracts thus far today. That number of contracts represents approximately 3.0 million underlying shares, working out to a sizeable 67.3% of MCD's average daily trading volume over the past month, of 4.4 million shares.

Particularly high volume was seen for the $290 strike call option expiring September 18, 2026 , with 1,059 contracts trading so far today, representing approximately 105,900 underlying shares of MCD. Below is a chart showing MCD's trailing twelve month trading history, with the $290 strike highlighted in orange: And Kroger Co (Symbol: KR) saw options trading volume of 38,040 contracts, representing approximately 3.8 million underlying shares or approximately 63% of KR's average daily trading volume over the past month, of 6.0 million shares.

Especially high volume was seen for the $59 strike call option expiring August 28, 2026 , with 8,945 contracts trading so far today, representing approximately 894,500 underlying shares of KR. Below is a chart showing KR's trailing twelve month trading history, with the $59 strike highlighted in orange: For the various different available expirations for PANW options , MCD options , or KR options , visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » Further PANW Research: Funds Holding PANW PANW Options Chain Healthcare Stocks Hedge Funds Are Selling

McDonald's Corp (Symbol: MCD) options are showing a volume of 29,901 contracts thus far today. That number of contracts represents approximately 3.0 million underlying shares, working out to a sizeable 67.3% of MCD's average daily trading volume over the past month, of 4.4 million shares.

Particularly high volume was seen for the $290 strike call option expiring September 18, 2026 , with 1,059 contracts trading so far today, representing approximately 105,900 underlying shares of MCD. Below is a chart showing MCD's trailing twelve month trading history, with the $290 strike highlighted in orange:

And Kroger Co (Symbol: KR) saw options trading volume of 38,040 contracts, representing approximately 3.8 million underlying shares or approximately 63% of KR's average daily trading volume over the past month, of 6.0 million shares.

Especially high volume was seen for the $59 strike call option expiring August 28, 2026 , with 8,945 contracts trading so far today, representing approximately 894,500 underlying shares of KR. Below is a chart showing KR's trailing twelve month trading history, with the $59 strike highlighted in orange:

For the various different available expirations for PANW options , MCD options , or KR options , visit StockOptionsChannel.com.