Nike Options Trading Surges to 102% of Average
Nike's options trading on September 16th was particularly active, with a total of 127.88K contracts traded for the day. This accounted for 102.22% of the average open interest over the past 30 trading days.
The majority of these transactions were put options, making up 52.12% of the total trades, while call options comprised 47.88%. Nike's stock price at the time was $36.32.
The most active option contract for the day had a volume of 8,446 and closed at $15.05. One unusual trade that stood out was the put option with a strike price of $32.50 expiring on January 21st, 2028, which transacted 3,000 contracts.
This particular trade reflected a significant turnover of $1.29 million and ranked first among Nike's unusual options trades for the day.