Noteworthy Friday Option Activity: BURL, RIOT, DKNG
Nasdaq Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Burlington Stores Inc (Symbol: BURL), where a total of 5,517 contracts have traded so far, representing approximately 551,700 underlying shares. That amounts to about 54.6% of BURL's average daily trading volume over the past month of 1.0 million shares. Particularly high volume was seen for the $200 strike call option expiring March 31, 2023, with 1,539 contracts trading so far today, representing approximately 153,900 underlying shares of BURL. Below is a chart showing BURL's trailing twelve month trading history, with the $200 strike highlighted in orange:
Riot Platforms Inc (Symbol: RIOT) saw options trading volume of 108,536 contracts, representing approximately 10.9 million underlying shares or approximately 52.8% of RIOT's average daily trading volume over the past month, of 20.6 million shares. Especially high volume was seen for the $9.50 strike call option expiring March 31, 2023, with 14,970 contracts trading so far today, representing approximately 1.5 million underlying shares of RIOT. Below is a chart showing RIOT's trailing twelve month trading history, with the $9.50 strike highlighted in orange: