Notable Tuesday Option Activity: DKNG, SMCI, RIOT
Stock Options Channel Staff - Tuesday, November 28, 3:39 PMAmong the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in DraftKings Inc (DKNG), where a total of 103,092 contracts have traded so far, representing approximately 10.3 million underlying shares. That amounts to about 62.1% of DKNG's average daily trading volume over the past month of 16.6 million shares. Particularly high volume was seen for the $38 strike call option expiring December 01, 2023, with 11,819 contracts trading so far today, representing approximately 1.2 million underlying shares of DKNG. Below is a chart showing DKNG's trailing twelve month trading history, with the $38 strike highlighted in orange:
Super Micro Computer Inc (SMCI) options are showing a volume of 19,722 contracts thus far today. That number of contracts represents approximately 2.0 million underlying shares, working out to a sizeable 61.6% of SMCI's average daily trading volume over the past month, of 3.2 million shares.
Especially high volume was seen for the $300 strike call option expiring December 01, 2023, with 1,474 contracts trading so far today, representing approximately 147,400 underlying shares of SMCI. Below is a chart showing SMCI's trailing twelve month trading history, with the $300 strike highlighted in orange:
And Riot Platforms Inc (RIOT) saw options trading volume of 140,951 contracts, representing approximately 14.1 million underlying shares or approximately 60% of RIOT's average daily trading volume over the past month, of 23.5 million shares.
Particularly high volume was seen for the $12.50 strike call option expiring December 01, 2023, with 16,834 contracts trading so far today, representing approximately 1.7 million underlying shares of RIOT. Below is a chart showing RIOT's trailing twelve month trading history, with the $12.50 strike highlighted in orange:
For the various different available expirations for DKNG options, SMCI options, or RIOT options, visit StockOptionsChannel.com.