Notable Thursday Option Activity: DELL, AES, CHRW

AES Corp (AES) and C.H. Robinson Worldwide (CHRW) are experiencing significantly elevated options trading volumes today, with AES seeing 36,095 contracts, representing 47.6% of its average daily stock volume, and CHRW recording 6,763 contracts, or 45.8% of its average daily stock volume. This heightened activity is notably concentrated in long-dated call options, specifically the AES $13 strike September 2025 calls (15,337 contracts) and the CHRW $105 strike September 2025 calls (2,690 contracts), indicating increased speculative interest or potential bullish sentiment on these underlying equities.

Analysis

Unusual options activity has been observed in both AES Corp (AES) and C.H. Robinson Worldwide (CHRW), signaling a notable increase in investor interest. For AES, total options volume reached 36,095 contracts, representing a significant 47.6% of its average daily share volume of 7.6 million. This activity was heavily concentrated in the September 26, 2025, $13 strike call option, which accounted for 15,337 contracts alone. Similarly, CHRW saw options volume of 6,763 contracts, or 45.8% of its 1.5 million average daily share volume, with a notable concentration of 2,690 contracts in the September 19, 2025, $105 strike call. The focus on long-dated call options, with expirations over a year away, suggests that this is not short-term speculative noise but rather positioning for a potential long-term appreciation in the underlying equities. This pattern of concentrated, long-term bullish bets may indicate that certain market participants anticipate positive developments that could drive share prices above these strike levels by late 2025.

Key Decisions for Investors

• Investors should monitor AES and CHRW for any forthcoming fundamental catalysts or news that could explain the significant, long-dated bullish positioning observed in the options market.