Significant Options Trading Activity in Major Stocks Today
Among the underlying components of the Russell 3000 index, today’s options trading showcased notable volume in Netflix Inc (Symbol: NFLX). A total of 204,772 contracts have exchanged hands, signifying approximately 20.5 million underlying shares. This figure represents about 393.6% of NFLX’s average daily trading volume over the past month, which stands at 5.2 million shares. High volume was particularly evident for the $1200 strike call option, expiring on May 16, 2025, with 10,641 contracts traded. This activity equates to around 1.1 million underlying shares of NFLX. The chart below illustrates NFLX’s trailing twelve-month trading history, with the $1200 strike highlighted in orange:
Options for Dick’s Sporting Goods, Inc (Symbol: DKS) have also seen significant activity, with 31,977 contracts traded today. This number translates to approximately 3.2 million underlying shares, amounting to 325.1% of DKS’s average daily trading volume over the past month of 983,555 shares. The $210 strike call option, expiring on September 19, 2025, recorded 2,608 contracts traded, equating to about 260,800 underlying shares of DKS. Below is a chart showing DKS’s trailing twelve-month trading history, with the $210 strike highlighted in orange:
In addition, Costco Wholesale Corp (Symbol: COST) options reflect a trading volume of 42,153 contracts today. This corresponds to around 4.2 million underlying shares, which is 209.1% of COST’s average daily trading volume over the last month, estimated at 2.0 million shares. The $1020 strike call option, set to expire on May 23, 2025, displayed particularly high volume with 4,202 contracts traded, representing about 420,200 underlying shares of COST. The following chart presents COST’s trailing twelve-month trading history, with the $1020 strike highlighted in orange:
For further details on the various expirations available for NFLX, DKS, or COST options, please refer to StockOptionsChannel.com.
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
