SoundHound AI, Best Buy, and Daktronics See Notable Options Activity

Looking at options trading activity within the Russell 3000 index, significant volume has been observed today for SoundHound AI Inc (Symbol: SOUN). So far, a total of 222,339 contracts have been traded, reflecting approximately 22.2 million underlying shares, given that every contract corresponds to 100 shares. This trading volume represents 46.5% of SOUN’s average daily trading volume over the past month, which stands at 47.8 million shares.

Notably, the $10 strike call option expiring February 28, 2025, saw elevated interest with 13,567 contracts trading today, equating to around 1.4 million underlying shares of SOUN. Below is a chart illustrating SOUN’s trailing twelve-month trading history, highlighting the $10 strike option in orange:

In the case of Best Buy Inc (Symbol: BBY), the options market reports a total volume of 12,038 contracts traded so far today. This volume translates to approximately 1.2 million underlying shares, which amounts to a significant 46.1% of BBY’s average daily trading volume of 2.6 million shares over the last month.

Particularly high demand has been noted for the $80 strike put option set to expire on March 07, 2025, with 2,606 contracts trading today, representing about 260,600 underlying shares of BBY. Below is a chart demonstrating BBY’s trailing twelve-month trading history, with the $80 strike highlighted in orange:

Additionally, Daktronics Inc. (Symbol: DAKT) is witnessing an options volume of 1,422 contracts traded today. This carries a representation of approximately 142,200 underlying shares, equating to about 45.6% of DAKT’s average daily trading volume over the last month, which is 312,145 shares.

Among the highlights for Daktronics is the $15 strike put option expiring March 21, 2025, with 700 contracts trading today, translating to roughly 70,000 underlying shares of DAKT. Below is a chart showing DAKT’s trailing twelve-month trading history, emphasizing the $15 strike in orange:

For more information about available expirations for SOUN, BBY, or DAKT options, please visit StockOptionsChannel.com.

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

also see:

• Stock RSI
• OXGN Videos
• EMCI shares outstanding history

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