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14 March
Noteworthy Thursday Option Activity: KGS, DKS, MSFT

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Kodiak Gas Services Inc (Symbol: KGS), where a total volume of 19,135 contracts has been traded thus far today, a contract volume which is representative of approximately 1.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 566.2% of KGS's average daily trading volume over the past month, of 337,935 shares. Especially high volume was seen for the $20 strike put option expiring May 17, 2024, with 7,127 contracts trading so far today, representing approximately 712,700 underlying shares of KGS. Below is a chart showing KGS's trailing twelve month trading history, with the $20 strike highlighted in orange:

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Dick's Sporting Goods, Inc (Symbol: DKS) saw options trading volume of 51,510 contracts, representing approximately 5.2 million underlying shares or approximately 463.5% of DKS's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume was seen for the $230 strike call option expiring March 22, 2024, with 5,834 contracts trading so far today, representing approximately 583,400 underlying shares of DKS. Below is a chart showing DKS's trailing twelve month trading history, with the $230 strike highlighted in orange:

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And Microsoft Corporation (Symbol: MSFT) saw options trading volume of 856,009 contracts, representing approximately 85.6 million underlying shares or approximately 423.8% of MSFT's average daily trading volume over the past month, of 20.2 million shares. Particularly high volume was seen for the $430 strike call option expiring March 15, 2024, with 94,144 contracts trading so far today, representing approximately 9.4 million underlying shares of MSFT. Below is a chart showing MSFT's trailing twelve month trading history, with the $430 strike highlighted in orange:

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For the various different available expirations for KGS options, DKS options, or MSFT options, visit StockOptionsChannel.com.

Also see:

CXP Historical Stock Prices
Funds Holding NCL
ETFs Holding PKX

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