Options Trading Highlights: Nike, First Solar, and Portillo’s See Significant Volume
Strong Activity in Nike Options Trading
Among the underlying components of the Russell 3000 index, Nike (Symbol: NKE) caught attention today due to a notable options trading volume. A total of 64,311 contracts have been traded, which translates to approximately 6.4 million underlying shares. This figure represents nearly 48% of NKE’s average daily trading volume of 13.4 million shares over the past month. Particularly noteworthy is the high volume for the $73 strike call option expiring January 17, 2025, with 4,342 contracts traded today, accounting for around 434,200 underlying shares of NKE. Below is a chart displaying NKE’s trailing twelve months of trading history, with the $73 strike highlighted in orange:
First Solar Options Trade Volume is Also Up
First Solar Inc (Symbol: FSLR) experienced a trading volume of 8,265 contracts today. This figure represents about 826,500 underlying shares, or roughly 47.3% of FSLR’s average daily trading volume of 1.7 million shares over the last month. A surge was particularly seen for the $250 strike call option expiring March 21, 2025, with 857 contracts traded today, translating to around 85,700 underlying shares of FSLR. Below is a chart illustrating FSLR’s trading history over the past year, with the $250 strike highlighted in orange:
Portillo’s Inc Options Show Steady Activity
Additionally, Portillo’s Inc (Symbol: PTLO) has seen options trading volume reach 7,903 contracts today. This amount represents approximately 790,300 underlying shares, equating to a substantial 46.5% of PTLO’s average daily trading volume of 1.7 million shares over the previous month. There was marked activity in the $10 strike put option expiring January 16, 2026, with 2,180 contracts traded today, representing around 218,000 underlying shares of PTLO. The chart below shows PTLO’s trading history over the last year, with the $10 strike highlighted in orange:
For information on the different expirations available for NKE, FSLR, or PTLO options, visit StockOptionsChannel.com.
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