Unusual Options Activity: KNSL, RCUS, BMBL Uncovering Unusual Options Activity: Kinsale, Arcus, and Bumble

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Today, the stock market has seen an intriguing spike in options trading for three quite diverse companies; Kinsale Capital Group Inc (KNSL), Arcus Biosciences Inc (RCUS), and Bumble Inc (BMBL).

Kinsale Capital Group Inc (KNSL)

Traders have shown an extraordinary interest in Kinsale Capital Group Inc (KNSL) options, with a total of 1,356 contracts traded so far – a volume representing about 83.8% of KNSL’s average daily trading over the past month. Notably, the $400 strike put option expiring March 15, 2024, has seen the highest volume today, with 302 contracts traded, representing a substantial 30,200 underlying shares of KNSL.

Below is a chart displaying KNSL’s trading history, with the $400 strike highlighted in orange:

KNSL trading history chart

Arcus Biosciences Inc (RCUS)

Arcus Biosciences Inc (RCUS) has also experienced significant options volume. Currently, there have been 7,374 contracts traded, representing around 79.8% of RCUS’s average daily trading volume over the past month. The $12.50 strike call option expiring March 15, 2024, has stood out, with 3,477 contracts traded, representing approximately 347,700 underlying shares of RCUS.

Displayed below is a chart illustrating RCUS’s trading history, with the $12.50 strike highlighted in orange:

RCUS trading history chart

Bumble Inc (BMBL)

Options trading volume for Bumble Inc (BMBL) has surged as well, with 16,355 contracts traded, representing approximately 77.4% of BMBL’s average daily trading volume over the past month. The $11.50 strike put option expiring March 22, 2024, recorded exceptionally high volume, with 11,559 contracts traded, reflecting roughly 1.2 million underlying shares of BMBL.

Here is a chart depicting BMBL’s trading history, with the $11.50 strike highlighted in orange:

BMBL trading history chart

For a broader array of available expirations for KNSL, RCUS, or BMBL options, one can visit StockOptionsChannel.com.

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

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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.


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