Noteworthy Thursday Option Activity: KMB, CXM, TGT

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Kimberly-Clark Corp. (Symbol: KMB), where a total volume of 10,212 contracts has been traded thus far today, a contract volume which is representative of approximately 1.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 53.8% of KMB's average daily trading volume over the past month, of 1.9 million shares. Especially high volume was seen for the $130 strike call option expiring June 21, 2024, with 2,520 contracts trading so far today, representing approximately 252,000 underlying shares of KMB. Below is a chart showing KMB's trailing twelve month trading history, with the $130 strike highlighted in orange:

Sprinklr Inc (Symbol: CXM) options are showing a volume of 8,158 contracts thus far today. That number of contracts represents approximately 815,800 underlying shares, working out to a sizeable 52.7% of CXM's average daily trading volume over the past month, of 1.5 million shares. Especially high volume was seen for the $2.50 strike put option expiring September 20, 2024, with 1,288 contracts trading so far today, representing approximately 128,800 underlying shares of CXM. Below is a chart showing CXM's trailing twelve month trading history, with the $2.50 strike highlighted in orange:

And Target Corp (Symbol: TGT) saw options trading volume of 25,119 contracts, representing approximately 2.5 million underlying shares or approximately 51.2% of TGT's average daily trading volume over the past month, of 4.9 million shares. Especially high volume was seen for the $160 strike put option expiring June 21, 2024, with 1,279 contracts trading so far today, representing approximately 127,900 underlying shares of TGT. Below is a chart showing TGT's trailing twelve month trading history, with the $160 strike highlighted in orange:

For the various different available expirations for KMB options, CXM options, or TGT options, visit StockOptionsChannel.com.

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