Caught some interesting options action earlier today that's worth noting. Three stocks were showing some notable volume patterns that stood out to me. Dave Inc had a pretty heavy day with over 3,600 contracts trading - that's more than two-thirds of what they normally see daily. The $195 put expiring back in March was where most of the action clustered, which is kind of a formula for spotting where traders are positioning themselves. DHT Holdings was even more active though. We're talking 27K+ contracts, which is wild considering their usual daily average. The $20 call was the focal point there with solid volume. And then Signet Jewelers rounded out the trio with 5,200 contracts, also hitting around 65% of their typical daily volume. The $95 call was the notable strike getting attention. When you see this kind of concentration across multiple names on the same day, it's usually a signal that some bigger players are making moves. The formula these days seems to be watching where the volume clusters and following the smart money positioning. Anyway, if you're into options trading, might be worth digging deeper into what was driving these three specifically.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin