Noteworthy Thursday Option Activity: KGS, DKS, MSFT

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Kodiak Gas Services Inc (Symbol: KGS), where a total volume of 19,135 contracts has been traded thus far today, a contract volume which is representative of approximately 1.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 566.2% of KGS's average daily trading volume over the past month, of 337,935 shares. Especially high volume was seen for the $20 strike put option expiring May 17, 2024, with 7,127 contracts trading so far today, representing approximately 712,700 underlying shares of KGS. Below is a chart showing KGS's trailing twelve month trading history, with the $20 strike highlighted in orange:

Dick's Sporting Goods, Inc (Symbol: DKS) saw options trading volume of 51,510 contracts, representing approximately 5.2 million underlying shares or approximately 463.5% of DKS's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume was seen for the $230 strike call option expiring March 22, 2024, with 5,834 contracts trading so far today, representing approximately 583,400 underlying shares of DKS. Below is a chart showing DKS's trailing twelve month trading history, with the $230 strike highlighted in orange:

And Microsoft Corporation (Symbol: MSFT) saw options trading volume of 856,009 contracts, representing approximately 85.6 million underlying shares or approximately 423.8% of MSFT's average daily trading volume over the past month, of 20.2 million shares. Particularly high volume was seen for the $430 strike call option expiring March 15, 2024, with 94,144 contracts trading so far today, representing approximately 9.4 million underlying shares of MSFT. Below is a chart showing MSFT's trailing twelve month trading history, with the $430 strike highlighted in orange:

For the various different available expirations for KGS options, DKS options, or MSFT options, visit StockOptionsChannel.com.

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

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