Surge in Options Trading for HOOD, NKE, and UPS Signals Market Interest

Active Trading Highlights Across Key Stocks and Their Options

Today’s options trading activity among the Russell 3000 index components reveals significant movements, particularly in Robinhood Markets Inc (Symbol: HOOD). A total of 135,279 contracts have traded, which translates to around 13.5 million shares, since one contract represents 100 underlying shares. This volume accounts for 54.3% of HOOD’s average daily trading volume of 24.9 million shares over the past month.

A standout moment occurred with the $40 strike call option expiring January 03, 2025, where 16,173 contracts have been traded today, corresponding to about 1.6 million underlying shares of HOOD. A chart illustrating HOOD’s trading history over the past twelve months highlights the $40 strike option in orange:

Turning to Nike (Symbol: NKE), the options market has reported a total of 67,260 contracts traded today. This represents roughly 6.7 million shares, amounting to 50.5% of NKE’s average daily trading volume of 13.3 million shares in the last month. Notably, the $75 strike call option expiring January 10, 2025, has seen 3,761 contracts traded, which equates to approximately 376,100 underlying shares of NKE. Below is the chart documenting NKE’s trading activity over the past year, with the $75 strike indicated in orange:

Lastly, United Parcel Service Inc (Symbol: UPS) has seen activity with 24,177 contracts traded today, amounting to about 2.4 million underlying shares. This represents 49.8% of UPS’s average daily trading volume of 4.9 million shares over the past month. A significant focus lies on the $123 strike put option expiring January 03, 2025, which has recorded 2,493 contracts traded, equating to roughly 249,300 underlying shares of UPS. The chart below shows UPS’s trading history over the last twelve months, with the $123 strike highlighted in orange:

For further details on available expirations for HOOD, NKE, or UPS options, visit StockOptionsChannel.com.

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

Also see:

• Oversold Metals Stocks
• ETFs Holding PBYI
• FMCN Options Chain

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