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High Options Trading Volume in HPQ, SJM, and CRI Stocks

Market Alert: Notable options trading activity has emerged in HP Inc, J.M. Smucker Co., and Carter's Inc, potentially indicating investor sentiment shifts. The volume spikes may lead to stock volatility.

Date: 
AI Rating:   6
Options Trading Volume Analysis
Today’s report highlights significant options trading volume for three companies: HP Inc (HPQ), J.M. Smucker Co. (SJM), and Carter's Inc (CRI). This active trading may point to potential movements in their stock prices due to heightened investor interest.

HP Inc (HPQ)
HPQ recorded a trading volume of 26,204 contracts, translating to approximately 2.6 million underlying shares, which is about 47.7% of its average daily volume over the last month. This level of activity indicates strong interest, specifically around the $35.50 call option which had 17,559 contracts lined up for expiration on February 21, 2025.

J.M. Smucker Co. (SJM)
SJM exhibited options trading volume of 4,987 contracts, equivalent to around 498,700 underlying shares and about 47.2% of its average daily trading volume of 1.1 million shares. A notable spike in volume was also observed for the $100 put option expiring on February 21, 2025, with 3,148 contracts in play.

Carter's Inc (CRI)
CRI's options saw a volume of 3,695 contracts, representing approximately 369,500 underlying shares, equating to 47% of its average daily trading volume of 786,305 shares. High volume was particularly notable for the $50 put option assigned to expire on March 21, 2025, with 3,512 contracts traded.

While the report does not provide explicit information regarding EPS, revenue growth, net income, profit margins, free cash flow, or return on equity, the high trading volumes can imply market sentiment that could lead to stock price fluctuations. Investors should monitor these options activities as a possible precursor to price movement in the underlying stocks.