Surge in Options Trading: Pinterest, RH, and Walmart Under the Spotlight

Pinterest Options Activity Soars

Today’s options trading for Pinterest Inc (Symbol: PINS) has drawn significant attention. A total of 88,559 contracts have been traded so far, which equates to roughly 8.9 million shares since each contract represents 100 shares. This volume is about 66.7% of PINS’s average daily trading volume of 13.3 million shares over the past month. Notably, the $31 strike call option set to expire on December 6, 2024, saw 15,532 contracts trading, representing approximately 1.6 million underlying shares of PINS. Below is a chart detailing PINS’s trading history over the last twelve months, with the $31 strike highlighted in orange:

RH Experiences Increased Options Interest

In a similar trend, RH (Symbol: RH) reported options trading volume of 3,809 contracts, translating to about 380,900 underlying shares. This figure represents approximately 63.4% of RH’s average daily trading volume of 600,915 shares in the past month. The $400 strike call option expiring on December 6, 2024, saw particularly high activity, with 780 contracts trading today, corresponding to about 78,000 underlying shares of RH. Below is a visual representation of RH’s trading history for the last twelve months, with the $400 strike highlighted in orange:

Walmart Options Trading Captures Market Attention

Walmart Inc (Symbol: WMT) also showed substantial options trading activity with 104,878 contracts exchanged, which amounts to approximately 10.5 million underlying shares. This volume accounts for about 61.6% of WMT’s average daily trading volume, which is 17.0 million shares. The noteworthy $100 strike call option expiring on January 17, 2025, recorded 8,335 contracts trading today, representing approximately 833,500 underlying shares of WMT. Below is the chart reflecting WMT’s trading history over the past year, with the $100 strike highlighted in orange:

To explore additional expirations for PINS, RH, or WMT options, visit StockOptionsChannel.com.

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