Notable Thursday Option Activity: TITN, KSS, BBY
Stock Options Channel Staff - Thursday, May 26, 3:26 PMAmong the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Titan Machinery, Inc. (TITN), where a total of 1,108 contracts have traded so far, representing approximately 110,800 underlying shares. That amounts to about 80.1% of TITN's average daily trading volume over the past month of 138,360 shares. Particularly high volume was seen for the $30 strike call option expiring June 17, 2022, with 795 contracts trading so far today, representing approximately 79,500 underlying shares of TITN. Below is a chart showing TITN's trailing twelve month trading history, with the $30 strike highlighted in orange:
Kohl's Corp. (KSS) options are showing a volume of 34,899 contracts thus far today. That number of contracts represents approximately 3.5 million underlying shares, working out to a sizeable 78.8% of KSS's average daily trading volume over the past month, of 4.4 million shares.
Particularly high volume was seen for the $57.50 strike call option expiring July 15, 2022, with 3,681 contracts trading so far today, representing approximately 368,100 underlying shares of KSS. Below is a chart showing KSS's trailing twelve month trading history, with the $57.50 strike highlighted in orange:
And Best Buy Inc (BBY) saw options trading volume of 34,694 contracts, representing approximately 3.5 million underlying shares or approximately 78.2% of BBY's average daily trading volume over the past month, of 4.4 million shares.
Particularly high volume was seen for the $50 strike put option expiring December 16, 2022, with 1,574 contracts trading so far today, representing approximately 157,400 underlying shares of BBY. Below is a chart showing BBY's trailing twelve month trading history, with the $50 strike highlighted in orange:
For the various different available expirations for TITN options, KSS options, or BBY options, visit StockOptionsChannel.com.