Unusual Options Activity in Pinterest, Digimarc, and Skechers Sparks Interest

Today, traders noted significant options trading volumes in key stocks of the Russell 3000 index, particularly Pinterest, Digimarc, and Skechers.

Pinterest Inc (PINS) Experiences Surge in Options Trading

Pinterest Inc (Symbol: PINS) saw impressive trading volume today with a total of 60,335 contracts exchanged, which translates to around 6.0 million underlying shares. This figure is roughly 49.7% of PINS’s average daily trading volume over the past month, recorded at 12.1 million shares. Notably, the $40 strike call option, expiring on January 17, 2025, experienced the highest activity, with 27,797 contracts traded, equivalent to approximately 2.8 million underlying shares of PINS. The chart below illustrates PINS’s trading history over the past twelve months, highlighting the $40 strike in orange:

Digimarc Corp (DMRC) Sees Robust Trading Engagement

In a lesser but notable engagement, Digimarc Corp (Symbol: DMRC) recorded an options trading volume of 575 contracts, representing about 57,500 underlying shares or roughly 49.6% of the company’s average daily trading volume of 115,975 shares over the past month. Among these, the $40 strike call option, expiring on March 21, 2025, stood out with 510 contracts traded, accounting for approximately 51,000 underlying shares. Below, you can see a twelve-month trading history for DMRC, with the $40 strike marked in orange:

Skechers USA Inc (SKX) Hits Noteworthy Trading Volumes

Skechers USA Inc (Symbol: SKX) registered an options trading volume of 11,914 contracts today, which corresponds to about 1.2 million underlying shares and nearly 49.2% of SKX’s average daily trading volume of 2.4 million shares. The $60 strike put option expiring on December 20, 2024, saw significant participation with 5,625 contracts traded, representing around 562,500 underlying shares of SKX. The chart below shows SKX’s trading history for the past twelve months, with the $60 strike highlighted:

For more details on the various expirations available for options on PINS, DMRC, and SKX, please visit StockOptionsChannel.com.

Today’s Most Active Call & Put Options of the S&P 500 »

Additional Information:

• KSS Insider Buying
• NVLS Split History
• AMWD market cap history

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