Market Watch: High Option Trading Volumes for Kohl’s, Olin Corp, and Adobe
Impressive Activity in Options Trading Across Key Index Stocks
Today’s options trading data reveals interesting movements among stocks in the Russell 3000 index. Notably, Kohl’s Corp. (Symbol: KSS) has attracted significant attention, with a total of 138,235 contracts traded. This translates to approximately 13.8 million underlying shares, since one contract corresponds to 100 shares. Notably, this figure is 111.5% of KSS’s average daily trading volume of 12.4 million shares over the past month. A particularly high volume was recorded for the $17.50 strike call option expiring on December 13, 2024, where 54,325 contracts were traded, representing around 5.4 million underlying shares. Below, you’ll find KSS’s trading history for the past twelve months, with the $17.50 strike marked in orange:
Turning to Olin Corp. (Symbol: OLN), the options market shows a volume of 11,231 contracts today. This equates to approximately 1.1 million underlying shares, making up 99.5% of OLN’s average daily trading volume of 1.1 million shares in the last month. The $35 strike put option expiring on December 20, 2024, stands out with 5,096 contracts traded, representing around 509,600 underlying shares. Below is OLN’s trading history over the past year, with the $35 strike highlighted:
Additionally, Adobe Inc. (Symbol: ADBE) has seen options trading volume of 27,545 contracts, equivalent to about 2.8 million underlying shares. This also represents 99.5% of ADBE’s average daily trading volume of 2.8 million shares over the past month. The $700 strike call option expiring on January 17, 2025, has drawn attention with 816 contracts traded, indicating around 81,600 underlying shares. A chart of ADBE’s trading history for the past twelve months, with the $700 strike highlighted, is provided below:
Investors interested in exploring various expiration options for KSS, OLN, or ADBE can visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
- Funds Holding GG
- AROW Dividend Growth Rate
- FAZ YTD Return
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
