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Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Fastenal Co. (Symbol: FAST), where a total volume of 21,427 contracts has been traded thus far today, a contract volume which is representative of approximately 2.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 59% of FAST's average daily trading volume over the past month, of 3.6 million shares. Particularly high volume was seen for the $72.50 strike put option expiring April 19, 2024, with 4,827 contracts trading so far today, representing approximately 482,700 underlying shares of FAST. Below is a chart showing FAST's trailing twelve month trading history, with the $72.50 strike highlighted in orange:

Nike (Symbol: NKE) options are showing a volume of 67,327 contracts thus far today. That number of contracts represents approximately 6.7 million underlying shares, working out to a sizeable 57.4% of NKE's average daily trading volume over the past month, of 11.7 million shares. Especially high volume was seen for the $93 strike call option expiring April 12, 2024, with 4,660 contracts trading so far today, representing approximately 466,000 underlying shares of NKE. Below is a chart showing NKE's trailing twelve month trading history, with the $93 strike highlighted in orange:

And Fair Isaac Corp (Symbol: FICO) options are showing a volume of 866 contracts thus far today. That number of contracts represents approximately 86,600 underlying shares, working out to a sizeable 51.9% of FICO's average daily trading volume over the past month, of 166,850 shares. Particularly high volume was seen for the $1100 strike put option expiring July 19, 2024, with 402 contracts trading so far today, representing approximately 40,200 underlying shares of FICO. Below is a chart showing FICO's trailing twelve month trading history, with the $1100 strike highlighted in orange:

For the various different available expirations for FAST options, NKE options, or FICO options, visit StockOptionsChannel.com.

Also see:

CEF Channel
MOS YTD Return
Institutional Holders of KBNT

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