Surge in Options Trading: Dollar Tree, Williams Sonoma, and Mr. Cooper Group Lead the Pack
Today, notable options trading activity was observed among several stocks in the Russell 3000 index, particularly at Dollar Tree Inc (Symbol: DLTR).
At Dollar Tree, a total of 48,925 contracts have been traded, which translates into about 4.9 million underlying shares. This figure represents approximately 172.4% of DLTR’s average daily trading volume over the past month, which stands at around 2.8 million shares. The $130 strike put option set to expire on January 17, 2025, was particularly active, with 13,500 contracts trading today—equating to roughly 1.4 million underlying shares. Below is a chart illustrating DLTR’s trading history for the past twelve months, with the $130 strike highlighted in orange:
The options activity for Williams Sonoma Inc (Symbol: WSM) has also caught attention, with 32,937 contracts traded today. This corresponds to approximately 3.3 million underlying shares, which is about 170.8% of WSM’s average daily trading volume of 1.9 million shares. Notably, the $87.50 strike call option, expiring on January 17, 2025, saw high activity with 3,122 contracts traded today, representing about 312,200 underlying shares. Below is a chart showing WSM’s trading history, with the $87.50 strike highlighted in orange:
Mr. Cooper Group Inc (Symbol: COOP) has also experienced significant trading volume, with 7,594 contracts exchanged today. This amounts to about 759,400 underlying shares, or approximately 161.7% of COOP’s average daily trading volume for the past month, which is 469,615 shares. A particularly active option was the $120 strike call expiring December 19, 2025, with 4,000 contracts traded so far today, corresponding to around 400,000 underlying shares. Below is a chart depicting COOP’s trading history for the previous twelve months, with the $120 strike highlighted in orange:
For further information on the various available expirations for DLTR, WSM, or COOP options, please visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
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- YELP Average Annual Return
The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.