Remarkable Thursday optional activity: ASO, CELH, NUVA
LIn terms of options trading activity among constituents of the Russell 3000 Index, there was notable activity today at Academy Sports & Outdoors Inc (Symbol: ASO), where total volume of 15,219 contracts has been traded so far today, a contract volume that is representative of approximately 1.5 million underlying shares (given that each contract represents 100 underlying shares). This number equates to 54.3% of ASO’s average daily trading volume over the past month, or 2.8 million shares. Particularly high volume was seen for the $32 strike call option expiring on May 27, 2022, with 1,506 contracts traded so far today, representing approximately 150,600 underlying ASO shares. Below is a chart showing ASO’s trading history over the last twelve months, with the $32 strike highlighted in orange:
Celsius Holdings Inc (ticker: CELH) options are showing a volume of 7,054 contracts so far today. This number of contracts represents approximately 705,400 underlying shares, or 54.1% of CELH’s average daily trading volume over the past month, or 1.3 million shares. Particularly high volume was seen for the $50 strike put option expiring June 17, 2022, with 1,136 contracts traded so far today, representing approximately 113,600 underlying shares of CELH. Below is a chart showing CELH’s trading history over the last twelve months, with the $50 strike highlighted in orange:

And Nuvasive Inc (Symbol: NUVA) recorded options trading volume of 3,054 contracts, representing approximately 305,400 underlying stocks or approximately 53.6% of NUVA’s average daily trading volume over the past month, i.e. 569,480 shares. Particularly high volume was seen for the $60 strike call option expiring June 17, 2022, with 3,002 contracts traded so far today, representing approximately 300,200 underlying NUVA shares. Below is a chart showing NUVA’s trading history over the last twelve months, with the $60 strike highlighted in orange:

For the different expirations available for ASO options, CELH options or NUVA options, visit StockOptionsChannel.com.
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