Notable Friday Option Activity: HOOD, NKE, UPS

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Robinhood Markets Inc (Symbol: HOOD), where a total volume of 135,279 contracts has been traded thus far today, a contract volume which is representative of approximately 13.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 54.3% of HOOD's average daily trading volume over the past month, of 24.9 million shares. Especially high volume was seen for the $40 strike call option expiring January 03, 2025, with 16,173 contracts trading so far today, representing approximately 1.6 million underlying shares of HOOD. Below is a chart showing HOOD's trailing twelve month trading history, with the $40 strike highlighted in orange:

Nike (Symbol: NKE) options are showing a volume of 67,260 contracts thus far today. That number of contracts represents approximately 6.7 million underlying shares, working out to a sizeable 50.5% of NKE's average daily trading volume over the past month, of 13.3 million shares. Especially high volume was seen for the $75 strike call option expiring January 10, 2025, with 3,761 contracts trading so far today, representing approximately 376,100 underlying shares of NKE. Below is a chart showing NKE's trailing twelve month trading history, with the $75 strike highlighted in orange:

And United Parcel Service Inc (Symbol: UPS) options are showing a volume of 24,177 contracts thus far today. That number of contracts represents approximately 2.4 million underlying shares, working out to a sizeable 49.8% of UPS's average daily trading volume over the past month, of 4.9 million shares. Especially high volume was seen for the $123 strike put option expiring January 03, 2025, with 2,493 contracts trading so far today, representing approximately 249,300 underlying shares of UPS. Below is a chart showing UPS's trailing twelve month trading history, with the $123 strike highlighted in orange:

For the various different available expirations for HOOD options, NKE options, or UPS options, visit StockOptionsChannel.com.

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

Also see:

• Oversold Metals Stocks
• ETFs Holding PBYI
• FMCN Options Chain

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