Surge in Options Trading: VF Corp., Datadog, and DigitalOcean Make Headlines
Today, option trading activity is significantly heightened among Russell 3000 index components, particularly VF Corp. (Symbol: VFC). So far, 31,228 contracts have been traded, equating to approximately 3.1 million underlying shares. This volume accounts for 64% of VFC’s average daily trading of 4.9 million shares over the last month. Notably, the $19.50 strike put option expiring on February 21, 2025, has seen substantial interest, with 11,000 contracts traded, representing roughly 1.1 million underlying shares. Below is a chart illustrating VFC’s trading history for the past twelve months, with the $19.50 strike highlighted in orange:
In addition, Datadog Inc. (Symbol: DDOG) is experiencing a robust options trading volume of 18,787 contracts today. This represents around 1.9 million underlying shares, translating to 62.7% of DDOG’s average daily trading volume of 3.0 million shares in the past month. The $155 strike call option, expiring on February 21, 2025, has attracted the most attention, with 2,242 contracts traded, equating to approximately 224,200 underlying shares. Refer to the chart below for DDOG’s trading history, with the $155 strike highlighted in orange:
Lastly, DigitalOcean Holdings Inc. (Symbol: DOCN) recorded an options trading volume of 4,776 contracts today, which is about 477,600 underlying shares, or 62.6% of DOCN’s average daily volume of 762,610 shares over the past month. The $52.50 strike call option expiring on May 16, 2025, has seen significant interest as well, with 981 contracts trading so far, representing roughly 98,100 underlying shares. Below is a chart showcasing DOCN’s trading history, with the $52.50 strike highlighted in orange:
For detailed information on available expirations for options from VFC, DDOG, or DOCN, visit StockOptionsChannel.com.
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Additional Resources:
- John Paulson Stock Picks
- BSRR Videos
- Institutional Holders of XKFS
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