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16 January
Notable Tuesday Option Activity: DKNG, MU, HMST

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in DraftKings Inc (Symbol: DKNG), where a total of 49,474 contracts have traded so far, representing approximately 4.9 million underlying shares. That amounts to about 47.3% of DKNG's average daily trading volume over the past month of 10.5 million shares. Particularly high volume was seen for the $34 strike call option expiring January 19, 2024, with 10,550 contracts trading so far today, representing approximately 1.1 million underlying shares of DKNG. Below is a chart showing DKNG's trailing twelve month trading history, with the $34 strike highlighted in orange:

Micron Technology Inc. (Symbol: MU) saw options trading volume of 77,289 contracts, representing approximately 7.7 million underlying shares or approximately 47% of MU's average daily trading volume over the past month, of 16.4 million shares. Particularly high volume was seen for the $85 strike call option expiring January 19, 2024, with 8,086 contracts trading so far today, representing approximately 808,600 underlying shares of MU. Below is a chart showing MU's trailing twelve month trading history, with the $85 strike highlighted in orange:

And HomeStreet Inc (Symbol: HMST) options are showing a volume of 1,097 contracts thus far today. That number of contracts represents approximately 109,700 underlying shares, working out to a sizeable 46.2% of HMST's average daily trading volume over the past month, of 237,575 shares. Particularly high volume was seen for the $15 strike call option expiring January 19, 2024, with 356 contracts trading so far today, representing approximately 35,600 underlying shares of HMST. Below is a chart showing HMST's trailing twelve month trading history, with the $15 strike highlighted in orange:

For the various different available expirations for DKNG options, MU options, or HMST options, visit StockOptionsChannel.com.

Institutional Holders of CMU
HEWU YTD Return
Institutional Holders of HAUS

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.