Notable Wednesday Option Activity: BAC, IPI, KSS
Stock Options Channel Staff - Wednesday, March 6, 3:37 PMAmong the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Bank of America Corp (BAC), where a total of 163,735 contracts have traded so far, representing approximately 16.4 million underlying shares. That amounts to about 44.1% of BAC's average daily trading volume over the past month of 37.1 million shares. Especially high volume was seen for the $36 strike call option expiring March 08, 2024, with 14,910 contracts trading so far today, representing approximately 1.5 million underlying shares of BAC. Below is a chart showing BAC's trailing twelve month trading history, with the $36 strike highlighted in orange:
Intrepid Potash Inc (IPI) saw options trading volume of 504 contracts, representing approximately 50,400 underlying shares or approximately 42.8% of IPI's average daily trading volume over the past month, of 117,835 shares.
Particularly high volume was seen for the $20 strike put option expiring March 15, 2024, with 391 contracts trading so far today, representing approximately 39,100 underlying shares of IPI. Below is a chart showing IPI's trailing twelve month trading history, with the $20 strike highlighted in orange:
And Kohl's Corp. (KSS) saw options trading volume of 18,049 contracts, representing approximately 1.8 million underlying shares or approximately 42.6% of KSS's average daily trading volume over the past month, of 4.2 million shares.
Particularly high volume was seen for the $22 strike put option expiring March 15, 2024, with 5,058 contracts trading so far today, representing approximately 505,800 underlying shares of KSS. Below is a chart showing KSS's trailing twelve month trading history, with the $22 strike highlighted in orange:
For the various different available expirations for BAC options, IPI options, or KSS options, visit StockOptionsChannel.com.