Noteworthy Tuesday Option Activity: OXY, SMR, DJT

Nuscale Power (SMR) and Trump Media & Technology Group (DJT) are experiencing notable options trading activity today, with SMR's options volume reaching 52.2% of its average daily share volume and DJT's at 51.8%. Significant interest is concentrated in SMR's $36 strike put options expiring November 2025 and DJT's $12 strike put options expiring November 2025, indicating increased speculative or hedging focus on these specific downside exposures.

Analysis

Significant options trading activity has been observed for Nuscale Power (SMR) and Trump Media & Technology Group (DJT), indicating heightened market attention. SMR's options volume reached 137,040 contracts, representing a substantial 52.2% of its average daily share volume of 26.3 million shares. Similarly, DJT recorded 28,494 options contracts traded, equating to 51.8% of its 5.5 million average daily share volume. This elevated activity suggests increased market attention on both equities.

A notable concentration of volume was observed in specific long-dated put options for both companies. For SMR, 41,484 contracts traded for the $36 strike put expiring November 7, 2025, highlighting significant interest in this particular downside exposure. DJT experienced high volume in its $12 strike put options expiring November 21, 2025, with 3,238 contracts traded, pointing to similar positioning for that stock.

The substantial options volume relative to average daily share volume, particularly in these specific long-dated put options, suggests either hedging against potential future declines or speculative bearish positioning. This activity reflects a notable shift in investor sentiment or risk management strategies for SMR and DJT, despite the overall neutral sentiment classification for both stocks.

Key Decisions for Investors

• Investors should monitor the open interest and volume trends in SMR and DJT options, particularly the highlighted long-dated put strikes, as they may signal evolving market sentiment or hedging activity.
• Consider the implications of increased put option activity on implied volatility for SMR and DJT, which could affect option pricing and potential hedging costs.
• Evaluate existing positions in SMR and DJT for potential downside risks, given the significant volume in long-dated put options, which may indicate investor concerns about future price performance.