High Options Trading Volume for NKE, FSLR, and PTLO Today

Today's trading saw significant options volume, notably in NKE, FSLR, and PTLO. Nike led with 64,311 contracts traded, indicating investor interest that could influence its stock price.

Date: 13-01-2025

AI Rating: 7

Nike (NKE) demonstrated noteworthy options activity with a total of 64,311 contracts traded, comprising approximately 6.4 million underlying shares. This figure constitutes around 48% of NKE's average daily trading volume of 13.4 million shares. High interest was indicated for the $73 strike call option expiring January 17, 2025, with 4,342 contracts traded, translating to about 434,200 underlying NKE shares. Such significant trading volume often reflects investor sentiment and belief in potential future price movement, which could positively influence NKE’s stock prices.

First Solar Inc (FSLR) also showed substantial options trading activity, with 8,265 contracts representing approximately 826,500 underlying shares—a notable 47.3% of FSLR's average daily trading volume of 1.7 million shares. Particularly, the $250 strike call option expiring March 21, 2025, saw 857 contracts traded, amounting to about 85,700 underlying shares. Similar to NKE, this high volume could indicate bullish sentiment among traders, potentially uplifting FSLR's stock price.

Portillos Inc (PTLO) had 7,903 contracts traded today, representing around 790,300 underlying shares, which equals about 46.5% of PTLO's average daily trading volume of 1.7 million shares. Notably, the $10 strike put option expiring January 16, 2026, observed significant activity with 2,180 contracts traded, translating to approximately 218,000 underlying shares. The volume in PTLO’s options may indicate some bearish sentiments among investors, potentially suggesting uncertainty about the stock’s direction.

Stocks: NKE FSLR PTLO