Kroger Co (KR) Options Volume Hits 28,056 Contracts, 45.8% of Average Daily Volume
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
- Active Options Trading: Kroger Co's options volume reached 28,056 contracts today, representing approximately 2.8 million shares, which is 45.8% of its average daily trading volume of 6.1 million shares over the past month, indicating strong market interest in its future performance.
- High Volume Analysis: Among all options, the $65 strike call option expiring on January 23, 2026, was particularly active, with 6,659 contracts traded today, representing about 665,900 underlying shares, suggesting bullish sentiment among investors at this price level.
- Market Comparison: In comparison, Fastenal Co saw an options volume of 33,245 contracts today, equivalent to approximately 3.3 million shares, or 42.8% of its average daily trading volume of 7.8 million shares, indicating a similar level of activity in the options market for both companies.
- Investor Sentiment: The significantly high options trading volumes for both Kroger and Fastenal reflect investor expectations of future market volatility, which could impact the short-term stock price movements of both companies.
Analyst Views on FAST
Wall Street analysts forecast FAST stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FAST is 45.00 USD with a low forecast of 38.00 USD and a high forecast of 52.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
3 Buy
3 Hold
3 Sell
Hold
Current: 43.730
Low
38.00
Averages
45.00
High
52.00
Current: 43.730
Low
38.00
Averages
45.00
High
52.00
About FAST
Fastenal Company is engaged in the wholesale distribution of industrial and construction supplies. The Company is a distributor of threaded fasteners, bolts, nuts, screws, studs, and related washers, as well as miscellaneous supplies and hardware, such as pins, machinery keys, concrete anchors, metal framing systems, wire rope, struts, rivets, and related accessories. Its business tools include Fastenal Managed Inventory (FMI), Bin stock (FASTStock and FASTBin) and Industrial vending (FASTVend). The Company also invests in digital solutions that aim to deliver value for its customers, leverage local inventory for same-day solutions, and provide service. It serves general and commercial contractors in non-residential end markets as well as farmers, truckers, railroads, oil exploration companies, oil production and refinement companies, mining companies, federal, state, and local governmental entities, schools, and certain retail trades.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
