Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Ollie's Bargain Outlet Holdings Inc (Symbol: OLLI), where a total volume of 4,520 contracts has been traded thus far today, a contract volume which is representative of approximately 452,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 40.9% of OLLI's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume was seen for the $105 strike call option expiring September 18, 2020, with 562 contracts trading so far today, representing approximately 56,200 underlying shares of OLLI. Below is a chart showing OLLI's trailing twelve month trading history, with the $105 strike highlighted in orange:
Malibu Boats Inc (Symbol: MBUU) options are showing a volume of 763 contracts thus far today. That number of contracts represents approximately 76,300 underlying shares, working out to a sizeable 40.5% of MBUU's average daily trading volume over the past month, of 188,295 shares. Particularly high volume was seen for the $60 strike call option expiring September 18, 2020, with 386 contracts trading so far today, representing approximately 38,600 underlying shares of MBUU. Below is a chart showing MBUU's trailing twelve month trading history, with the $60 strike highlighted in orange:
And Kroger Co (Symbol: KR) saw options trading volume of 23,552 contracts, representing approximately 2.4 million underlying shares or approximately 40.4% of KR's average daily trading volume over the past month, of 5.8 million shares. Particularly high volume was seen for the $36 strike call option expiring September 04, 2020, with 1,886 contracts trading so far today, representing approximately 188,600 underlying shares of KR. Below is a chart showing KR's trailing twelve month trading history, with the $36 strike highlighted in orange:
For the various different available expirations for OLLI options, MBUU options, or KR options, visit StockOptionsChannel.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
