Surge in Options Trading: ZoomInfo, Dick’s Sporting Goods, and Upstart Holdings in Focus
Notable activity observed in options for ZI, DKS, and UPST highlights market trends today.
In the Russell 3000 index, ZoomInfo Technologies Inc (Symbol: ZI) has seen remarkable options trading today. A total of 60,403 contracts have changed hands, equating to approximately 6.0 million underlying shares. This volume is about 78.1% of ZI’s average daily trading volume over the past month, which stands at 7.7 million shares. The $10 strike put option, expiring on February 28, 2025, recorded particularly high interest with 29,007 contracts traded, representing around 2.9 million underlying shares. Below is a chart illustrating ZI’s trading history over the past twelve months, with the $10 strike prominently highlighted in orange:
Diving deeper into the options market, Dick’s Sporting Goods, Inc (Symbol: DKS) has also generated significant activity, with 8,020 contracts traded today. This figure corresponds to approximately 802,000 underlying shares, marking a substantial 74.2% of DKS’s average monthly trading volume of 1.1 million shares. The $220 strike put option expiring on March 21, 2025, showcased high trading volume today, with 3,127 contracts exchanged, which represents about 312,700 underlying shares. A chart showing DKS’s trading history for the past twelve months is included below, with the $220 strike highlighted in orange:
Additionally, Upstart Holdings Inc (Symbol: UPST) has reported options trading volume of 28,850 contracts today, translating to roughly 2.9 million underlying shares. This accounts for an impressive 71.2% of UPST’s average daily trading volume of 4.1 million shares for the month. The $60 strike put option expiring on February 07, 2025, saw substantial activity as well, with 4,927 contracts trading. This represents approximately 492,700 underlying shares. Below, you will find a chart depicting UPST’s trading history over the past year, with the $60 strike marked in orange:
For further details on the various available expirations for options related to ZI, DKS, or UPST, please visit StockOptionsChannel.com.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.