Notable Monday Option Activity: DKNG, TEM, DAY

Tempus AI Inc (TEM) and Dayforce Inc (DAY) are exhibiting significantly elevated options trading volume today, with TEM's options volume representing 58% of its average daily share volume and DAY's at 57.4%. Notable activity for TEM includes high volume in the August 2025 $76 strike call options, while DAY is seeing substantial interest in its September 2025 $65 strike put options. This concentrated, high-volume options flow suggests increased directional speculation or hedging activity in both equities.

Analysis

Tempus AI Inc (TEM) and Dayforce Inc (DAY) are both experiencing unusually high options market activity, indicating significant investor positioning. For Tempus AI, options volume reached 61,113 contracts, representing 58% of its average daily share trading volume of 10.5 million shares. The activity is heavily concentrated in the August 22, 2025, $76 strike call options, where 8,777 contracts have traded. This long-dated, out-of-the-money call buying suggests a strong bullish conviction, with participants betting on a substantial price appreciation over the next year. Conversely, Dayforce Inc shows options volume of 10,720 contracts, representing 57.4% of its 1.9 million average daily share volume. The focus here is on the September 19, 2025, $65 strike put option, with 2,827 contracts traded. This concentrated, long-dated put activity points towards a bearish outlook or a significant hedging strategy against a potential price decline. In both cases, the high volume relative to stock turnover and the specific, long-term nature of the contracts imply that sophisticated or institutional capital may be establishing large, directional bets.

Key Decisions for Investors

• The significant volume in long-dated $76 call options for Tempus AI suggests a strong bullish conviction from certain market participants, and investors should investigate the fundamental drivers that might support a substantial price increase by August 2025.