Noteworthy Tuesday Option Activity: KR, MSGS, RVLV

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Kroger Co (Symbol: KR), where a total volume of 32,047 contracts has been traded thus far today, a contract volume which is representative of approximately 3.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47.2% of KR's average daily trading volume over the past month, of 6.8 million shares. Especially high volume was seen for the $52 strike call option expiring July 05, 2024, with 19,523 contracts trading so far today, representing approximately 2.0 million underlying shares of KR. Below is a chart showing KR's trailing twelve month trading history, with the $52 strike highlighted in orange:

Madison Square Garden Sports Corp (Symbol: MSGS) options are showing a volume of 573 contracts thus far today. That number of contracts represents approximately 57,300 underlying shares, working out to a sizeable 46.7% of MSGS's average daily trading volume over the past month, of 122,670 shares. Especially high volume was seen for the $180 strike put option expiring December 20, 2024, with 250 contracts trading so far today, representing approximately 25,000 underlying shares of MSGS. Below is a chart showing MSGS's trailing twelve month trading history, with the $180 strike highlighted in orange:

And Revolve Group Inc (Symbol: RVLV) saw options trading volume of 4,536 contracts, representing approximately 453,600 underlying shares or approximately 44% of RVLV's average daily trading volume over the past month, of 1.0 million shares. Especially high volume was seen for the $15 strike put option expiring July 19, 2024, with 2,566 contracts trading so far today, representing approximately 256,600 underlying shares of RVLV. Below is a chart showing RVLV's trailing twelve month trading history, with the $15 strike highlighted in orange:

For the various different available expirations for KR options, MSGS options, or RVLV options, visit StockOptionsChannel.com.

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

Also see:

• Cheap Shares To Watch
• Institutional Holders of RWDE
• GLBZ Split History

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