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16 July
Noteworthy Tuesday Option Activity: STNE, LMND, NKE

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in StoneCo Ltd (Symbol: STNE), where a total volume of 34,247 contracts has been traded thus far today, a contract volume which is representative of approximately 3.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 67.3% of STNE's average daily trading volume over the past month, of 5.1 million shares. Particularly high volume was seen for the $12 strike put option expiring July 19, 2024, with 20,526 contracts trading so far today, representing approximately 2.1 million underlying shares of STNE. Below is a chart showing STNE's trailing twelve month trading history, with the $12 strike highlighted in orange:

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Lemonade Inc (Symbol: LMND) options are showing a volume of 10,432 contracts thus far today. That number of contracts represents approximately 1.0 million underlying shares, working out to a sizeable 65.9% of LMND's average daily trading volume over the past month, of 1.6 million shares. Especially high volume was seen for the $20 strike call option expiring January 17, 2025, with 904 contracts trading so far today, representing approximately 90,400 underlying shares of LMND. Below is a chart showing LMND's trailing twelve month trading history, with the $20 strike highlighted in orange:

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And Nike (Symbol: NKE) options are showing a volume of 150,751 contracts thus far today. That number of contracts represents approximately 15.1 million underlying shares, working out to a sizeable 65.3% of NKE's average daily trading volume over the past month, of 23.1 million shares. Particularly high volume was seen for the $150 strike call option expiring December 18, 2026, with 12,028 contracts trading so far today, representing approximately 1.2 million underlying shares of NKE. Below is a chart showing NKE's trailing twelve month trading history, with the $150 strike highlighted in orange:

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For the various different available expirations for STNE options, LMND options, or NKE options, visit StockOptionsChannel.com.

Also see:

John Paulson Stock Picks
XBI shares outstanding history
HGEN shares outstanding history

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