Notable Thursday Option Activity: SMTC, DBI, SGEN
Stock Options Channel Staff - Thursday, June 8, 3:30 PMAmong the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Semtech Corp. (SMTC), where a total of 14,820 contracts have traded so far, representing approximately 1.5 million underlying shares. That amounts to about 108.2% of SMTC's average daily trading volume over the past month of 1.4 million shares. Particularly high volume was seen for the $37 strike call option expiring June 16, 2023, with 3,290 contracts trading so far today, representing approximately 329,000 underlying shares of SMTC. Below is a chart showing SMTC's trailing twelve month trading history, with the $37 strike highlighted in orange:
Designer Brands Inc (DBI) saw options trading volume of 20,237 contracts, representing approximately 2.0 million underlying shares or approximately 103.3% of DBI's average daily trading volume over the past month, of 2.0 million shares.
Particularly high volume was seen for the $7.50 strike call option expiring July 21, 2023, with 8,892 contracts trading so far today, representing approximately 889,200 underlying shares of DBI. Below is a chart showing DBI's trailing twelve month trading history, with the $7.50 strike highlighted in orange:
And Seagen Inc (SGEN) saw options trading volume of 16,030 contracts, representing approximately 1.6 million underlying shares or approximately 101.3% of SGEN's average daily trading volume over the past month, of 1.6 million shares.
Particularly high volume was seen for the $210 strike call option expiring June 16, 2023, with 6,417 contracts trading so far today, representing approximately 641,700 underlying shares of SGEN. Below is a chart showing SGEN's trailing twelve month trading history, with the $210 strike highlighted in orange:
For the various different available expirations for SMTC options, DBI options, or SGEN options, visit StockOptionsChannel.com.