HomeMarket NewsNotable Wednesday Option Activity: NKE, SBUX, WFC

Notable Wednesday Option Activity: NKE, SBUX, WFC

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Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Nike (Symbol: NKE), where a total of 34,955 contracts have traded so far, representing approximately 3.5 million underlying shares. That amounts to about 40.4% of NKE’s average daily trading volume over the past month of 8.7 million shares. Especially high volume was seen for the $94 strike call option expiring May 31, 2024, with 7,190 contracts trading so far today, representing approximately 719,000 underlying shares of NKE. Below is a chart showing NKE’s trailing twelve month trading history, with the $94 strike highlighted in orange:

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Starbucks Corp. (Symbol: SBUX) saw options trading volume of 72,761 contracts, representing approximately 7.3 million underlying shares or approximately 40.4% of SBUX’s average daily trading volume over the past month, of 18.0 million shares.
Particularly high volume was seen for the $79 strike call option expiring May 31, 2024, with 15,070 contracts trading so far today, representing approximately 1.5 million underlying shares of SBUX. Below is a chart showing SBUX’s trailing twelve month trading history, with the $79 strike highlighted in orange:

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And Wells Fargo & Co (Symbol: WFC) saw options trading volume of 62,209 contracts, representing approximately 6.2 million underlying shares or approximately 40.3% of WFC’s average daily trading volume over the past month, of 15.5 million shares.
Especially high volume was seen for the $62.50 strike call option expiring June 21, 2024, with 29,452 contracts trading so far today, representing approximately 2.9 million underlying shares of WFC. Below is a chart showing WFC’s trailing twelve month trading history, with the $62.50 strike highlighted in orange:

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For the various different available expirations for NKE options, SBUX options, or WFC options, visit StockOptionsChannel.com.

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

Also see:

Β• Carl Icahn Stock Picks
Β• NSSC Price Target
Β• RNR Stock Predictions

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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