We provide the latest news
from the world of economics and financeLooking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Kinetik Holdings Inc (Symbol: KNTK), where a total volume of 4,275 contracts has been traded thus far today, a contract volume which is representative of approximately 427,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 70.2% of KNTK's average daily trading volume over the past month, of 608,805 shares. Especially high volume was seen for the $40 strike call option expiring May 17, 2024, with 4,272 contracts trading so far today, representing approximately 427,200 underlying shares of KNTK. Below is a chart showing KNTK's trailing twelve month trading history, with the $40 strike highlighted in orange:
Palantir Technologies Inc (Symbol: PLTR) options are showing a volume of 258,062 contracts thus far today. That number of contracts represents approximately 25.8 million underlying shares, working out to a sizeable 68.9% of PLTR's average daily trading volume over the past month, of 37.5 million shares. Particularly high volume was seen for the $22 strike call option expiring April 26, 2024, with 22,732 contracts trading so far today, representing approximately 2.3 million underlying shares of PLTR. Below is a chart showing PLTR's trailing twelve month trading history, with the $22 strike highlighted in orange:
And CONMED Corp (Symbol: CNMD) options are showing a volume of 2,835 contracts thus far today. That number of contracts represents approximately 283,500 underlying shares, working out to a sizeable 63.2% of CNMD's average daily trading volume over the past month, of 448,610 shares. Especially high volume was seen for the $65 strike put option expiring May 17, 2024, with 1,934 contracts trading so far today, representing approximately 193,400 underlying shares of CNMD. Below is a chart showing CNMD's trailing twelve month trading history, with the $65 strike highlighted in orange:
For the various different available expirations for KNTK options, PLTR options, or CNMD options, visit StockOptionsChannel.com.
Electric Utilities Dividend Stocks
MOAT YTD Return
Funds Holding EMFM
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.