Significant Options Activity in Nike, AutoZone, and IBM Today
Today, options trading volume in the S&P 500 index has highlighted key activity in several companies. Notably, Nike (Symbol: NKE) has experienced a trading volume of 121,346 contracts, equivalent to about 12.1 million underlying shares. This represents approximately 75.3% of NKE’s average daily trading volume over the past month, which is 16.1 million shares. A standout observation is the $64 strike call option expiring on May 16, 2025, with an impressive 47,352 contracts traded today, accounting for around 4.7 million underlying shares of Nike. The chart below illustrates NKE’s trading history over the last twelve months, with the $64 strike highlighted in orange:
In addition to Nike, AutoZone, Inc. (Symbol: AZO) has seen considerable options activity today. Currently, 470 contracts have been traded, representing approximately 47,000 underlying shares, which equates to about 45% of AZO’s average daily trading volume over the past month of 104,510 shares. Notably, high volume was recorded for the $4000 strike call option expiring on May 16, 2025, with 237 contracts breaking through today, representing about 23,700 underlying shares of AutoZone. Below is the chart depicting AZO’s trading history, with the $4000 strike option marked in orange:
Furthermore, International Business Machines Corp (Symbol: IBM) has also recorded substantial options volume today, with a total of 21,896 contracts traded, representing approximately 2.2 million underlying shares. This volume constitutes around 44.8% of IBM’s average daily trading volume over the last month, which stands at 4.9 million shares. A noteworthy option here is the $260 strike put option expiring on August 15, 2025, with 3,324 contracts traded today, equating to roughly 332,400 underlying shares of IBM. The chart below illustrates IBM’s trading history with the $260 strike highlighted:
For more information about available expirations for options in NKE, AZO, or IBM, additional resources can be accessed.
Today’s Most Active Call & Put Options of the S&P 500 »
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
