News

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Nike (Symbol: NKE), where a total volume of 406,574 contracts has been traded thus far today, a contract volume which is representative of approximately 40.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 255% of NKE's average daily trading volume over the past month, of 15.9 million shares. Particularly high volume was seen for the $80 strike call option expiring July 19, 2024, with 13,958 contracts trading so far today, representing approximately 1.4 million underlying shares of NKE. Below is a chart showing NKE's trailing twelve month trading history, with the $80 strike highlighted in orange:

Alpha Metallurgical Resources Inc (Symbol: AMR) saw options trading volume of 2,900 contracts, representing approximately 290,000 underlying shares or approximately 134.6% of AMR's average daily trading volume over the past month, of 215,390 shares. Particularly high volume was seen for the $330 strike call option expiring July 19, 2024, with 502 contracts trading so far today, representing approximately 50,200 underlying shares of AMR. Below is a chart showing AMR's trailing twelve month trading history, with the $330 strike highlighted in orange:

And B. Riley Financial Inc (Symbol: RILY) options are showing a volume of 9,589 contracts thus far today. That number of contracts represents approximately 958,900 underlying shares, working out to a sizeable 114.1% of RILY's average daily trading volume over the past month, of 840,315 shares. Especially high volume was seen for the $10 strike put option expiring August 16, 2024, with 1,570 contracts trading so far today, representing approximately 157,000 underlying shares of RILY. Below is a chart showing RILY's trailing twelve month trading history, with the $10 strike highlighted in orange:

For the various different available expirations for NKE options, AMR options, or RILY options, visit StockOptionsChannel.com.

Also see:

THO Dividend Growth Rate
MSM Videos
ETI Videos

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