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13 June
Noteworthy Thursday Option Activity: DKS, SPHR, BMBL

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Dick's Sporting Goods, Inc (Symbol: DKS), where a total volume of 37,308 contracts has been traded thus far today, a contract volume which is representative of approximately 3.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 273.4% of DKS's average daily trading volume over the past month, of 1.4 million shares. Particularly high volume was seen for the $160 strike call option expiring June 21, 2024, with 26,401 contracts trading so far today, representing approximately 2.6 million underlying shares of DKS. Below is a chart showing DKS's trailing twelve month trading history, with the $160 strike highlighted in orange:

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Sphere Entertainment Co (Symbol: SPHR) saw options trading volume of 8,683 contracts, representing approximately 868,300 underlying shares or approximately 144.7% of SPHR's average daily trading volume over the past month, of 600,260 shares. Particularly high volume was seen for the $47.50 strike call option expiring November 15, 2024, with 5,300 contracts trading so far today, representing approximately 530,000 underlying shares of SPHR. Below is a chart showing SPHR's trailing twelve month trading history, with the $47.50 strike highlighted in orange:

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And Bumble Inc (Symbol: BMBL) options are showing a volume of 26,568 contracts thus far today. That number of contracts represents approximately 2.7 million underlying shares, working out to a sizeable 126.6% of BMBL's average daily trading volume over the past month, of 2.1 million shares. Particularly high volume was seen for the $9 strike put option expiring August 16, 2024, with 25,006 contracts trading so far today, representing approximately 2.5 million underlying shares of BMBL. Below is a chart showing BMBL's trailing twelve month trading history, with the $9 strike highlighted in orange:

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For the various different available expirations for DKS options, SPHR options, or BMBL options, visit StockOptionsChannel.com.

Also see:

Biotechnology Dividend Stocks
NSM market cap history
SPG Technical Analysis

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