Noteworthy Thursday Option Activity: DKS, SPHR, BMBL

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Dick's Sporting Goods, Inc (Symbol: DKS), where a total volume of 37,308 contracts has been traded thus far today, a contract volume which is representative of approximately 3.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 273.4% of DKS's average daily trading volume over the past month, of 1.4 million shares. Particularly high volume was seen for the $160 strike call option expiring June 21, 2024, with 26,401 contracts trading so far today, representing approximately 2.6 million underlying shares of DKS. Below is a chart showing DKS's trailing twelve month trading history, with the $160 strike highlighted in orange:

Sphere Entertainment Co (Symbol: SPHR) saw options trading volume of 8,683 contracts, representing approximately 868,300 underlying shares or approximately 144.7% of SPHR's average daily trading volume over the past month, of 600,260 shares. Particularly high volume was seen for the $47.50 strike call option expiring November 15, 2024, with 5,300 contracts trading so far today, representing approximately 530,000 underlying shares of SPHR. Below is a chart showing SPHR's trailing twelve month trading history, with the $47.50 strike highlighted in orange:

And Bumble Inc (Symbol: BMBL) options are showing a volume of 26,568 contracts thus far today. That number of contracts represents approximately 2.7 million underlying shares, working out to a sizeable 126.6% of BMBL's average daily trading volume over the past month, of 2.1 million shares. Particularly high volume was seen for the $9 strike put option expiring August 16, 2024, with 25,006 contracts trading so far today, representing approximately 2.5 million underlying shares of BMBL. Below is a chart showing BMBL's trailing twelve month trading history, with the $9 strike highlighted in orange:

For the various different available expirations for DKS options, SPHR options, or BMBL options, visit StockOptionsChannel.com.

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

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