Surge in Options Trading: Lamb Weston, Palantir, and Nike Stand Out

Options trading activity has jumped significantly among key players in the S&P 500. Investors closely monitored Lamb Weston Holdings Inc, Palantir Technologies Inc, and Nike as notable increases in contract volumes were recorded today.

Among the notable performers, Lamb Weston Holdings Inc (Symbol: LW) saw a remarkable trading volume of 37,167 contracts, which equates to approximately 3.7 million underlying shares. This trading volume represents a striking 174.1% of LW’s average daily volume, which has been 2.1 million shares over the past month. A significant interest was noted with the $50 strike put option expiring April 17, 2025, where 16,610 contracts traded today, totaling about 1.7 million underlying shares of LW. The chart below illustrates LW’s trading history over the past twelve months, with the $50 strike option highlighted in orange:

In another strong showing, Palantir Technologies Inc (Symbol: PLTR) recorded options trading volume of 1.2 million contracts, representing around 124.9 million underlying shares. This figure amounts to approximately 118.2% of PLTR’s average daily trading volume of 105.6 million shares over the previous month. High demand was seen with the $90 strike put option expiring February 28, 2025, which had 70,217 contracts traded, representing around 7.0 million underlying shares. Below is the chart for PLTR’s trading activity over the past twelve months, with the $90 strike highlighted in orange:

Nike (Symbol: NKE) also experienced impressive options activity, with 125,103 contracts traded today. This volume translates to approximately 12.5 million underlying shares, making up 92.8% of NKE’s average daily trading volume of 13.5 million shares over the last month. Notably, the $81 strike call option expiring February 28, 2025, accounted for 12,067 contracts traded today, approximating 1.2 million underlying shares. Below is the chart illustrating NKE’s trading history over the previous year, with the $81 strike indicated in orange:

For a complete list of available expirations for LW, PLTR, and NKE options, refer to StockOptionsChannel.com.

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

Also see:

• WDAY DMA
• BSCR YTD Return
• Funds Holding DGS

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