HomeMarket NewsWednesday's Trading Frenzy: ROKU, KSS, and SNOW Options Making Waves

Wednesday’s Trading Frenzy: ROKU, KSS, and SNOW Options Making Waves

Actionable Trade Ideas

always free

ROKU Options in the Limelight

Today, Roku Inc (Symbol: ROKU) stood out in the market with an impressive options trading volume. An astonishing 20,590 contracts have traded, representing about 2.1 million underlying shares. This number makes up a striking 45.4% of ROKU’s average daily trading volume over the past month. Of particular interest was the $66 strike call option expiring on March 28, 2024, with 882 contracts already traded today, equating to around 88,200 underlying shares of ROKU.

As shown in the graph below, the $66 strike call option is shining bright in orange, showcasing Roku’s intriguing trading history over the past twelve months.

Loading chart - 2024 TickerTech.com

KSS Stirring the Pot

Kohl’s Corp. (Symbol: KSS) also grabbed attention with an options trading volume of 27,123 contracts, which represents roughly 2.7 million underlying shares or about 43.7% of KSS’s average daily trading volume over the past month. Notably, the $25.50 strike put option expiring on April 05, 2024, saw substantial activity with 3,534 contracts traded today, indicating around 353,400 underlying shares of KSS.

Similar to ROKU, KSS’s trading history displayed below highlights the $25.50 strike put option in an eye-catching orange hue.

Loading chart - 2024 TickerTech.com

SNOW’s Snowball Effect

Snowflake Inc (Symbol: SNOW) wasn’t left out of the excitement, as it witnessed options trading volume of 47,133 contracts, representing approximately 4.7 million underlying shares or about 43.1% of SNOW’s average daily trading volume over the past month. The $165 strike call option expiring on April 05, 2024, saw significant activity with 6,570 contracts traded today, symbolizing roughly 657,000 underlying shares of SNOW.

Displayed below in the chart is SNOW’s trading journey over the last twelve months, with the $165 strike call option shining brightly in orange.

Loading chart - 2024 TickerTech.com

For a more in-depth look at available expirations for ROKU, KSS, or SNOW options, head over to StockOptionsChannel.com.

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

Also see:

Β• Institutional Holders of CFSB
Β• FCSC Videos
Β• Funds Holding OBOR

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

Swing Trading Ideas and Market Commentary

Need some new swing ideas? Get free weekly swing ideas and market commentary from Jonathan Bernstein here: Swing Trading.

Explore More

Weekly In-Depth Market Analysis and Actionable Trade Ideas

Get institutional-level analysis and trade ideas to take your trading to the next level, sign up for free and become apart of the community.