Noteworthy Options Trading Activity
Among the components of the Russell 3000 index, remarkable options trading activity is unfolding today.
Kodiak Gas Services Inc (Symbol: KGS) has garnered attention, with a total volume of 19,135 contracts traded so far. This is equivalent to approximately 1.9 million underlying shares, a substantial 566.2% of KGS’s average daily trading volume for the past month. A spotlight shines on the $20 strike put option expiring on May 17, 2024, with 7,127 contracts traded, representing around 712,700 underlying shares of KGS.
Diving Into DKS and MSFT
Dick’s Sporting Goods, Inc (Symbol: DKS) also saw significant options trading activity, with 51,510 contracts traded. This volume signifies approximately 5.2 million underlying shares, a robust 463.5% of DKS’s average daily trading volume over the past month. Notably, the $230 strike call option expiring on March 22, 2024, stood out with 5,834 contracts traded, representing about 583,400 underlying shares of DKS.
Microsoft Corporation (Symbol: MSFT) also witnessed substantial options trading volume, with 856,009 contracts traded. This represents roughly 85.6 million underlying shares, a noteworthy 423.8% of MSFT’s average daily trading volume over the past month. The $430 strike call option expiring on March 15, 2024, attracted significant interest, with 94,144 contracts traded, corresponding to approximately 9.4 million underlying shares of MSFT.
For Detailed Expirations:
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