Significant Options Activity on Tuesday: ES, SPHR, ALGM
SPHR Options Activity: Sphere Entertainment Co (SPHR) has seen a trading volume of 4,165 options contracts today, representing about 55.3% of its average daily trading volume, with significant activity in the $80 strike put option expiring January 16, 2026.
ALGM Options Activity: Allegro MicroSystems Inc (ALGM) has recorded a trading volume of 9,075 options contracts today, accounting for approximately 52.3% of its average daily trading volume, with notable trading in the $20 strike put option expiring January 16, 2026.
Market Insights: The trading volumes for both SPHR and ALGM indicate heightened interest in their respective options, reflecting investor sentiment and potential market movements.
Further Information: For additional details on various expirations for SPHR, ALGM, or ES options, resources are available at StockOptionsChannel.com.
Discover Tomorrow's Bullish Stocks Today
Analyst Views on SPHR
About SPHR
About the author

Barron’s Stock Selections Outperform the Market in 2025: Insights on Our Successes and Missteps.
Market Volatility: A little chaos in the market can create opportunities for stock-picking, allowing investors to identify undervalued stocks.
Investment Strategy: Embracing market fluctuations can lead to better investment decisions, as it encourages a more active approach to stock selection.

US Stocks Rise with Nasdaq Up 0.76% Amid Economic Optimism
- Positive Economic Data: Weekly initial jobless claims rose by 1,000 to 200,000, beating expectations of 209,000, indicating labor market resilience and boosting investor confidence in economic recovery.
- GDP Revision Upward: Q3 GDP growth was revised up by 0.1% to an annualized rate of 4.4%, surpassing the expected 4.3%, suggesting strong economic momentum that could further propel stock market gains.
- Surge in Natural Gas Prices: Natural gas prices rose over 3% to a three-year high due to an Arctic cold front increasing heating demand, which is expected to boost related stocks and invigorate the market.
- Strong Performance in Tech Stocks: The Magnificent Seven tech stocks saw significant gains, with Meta and Tesla rising over 5% and 4% respectively, reflecting strong market confidence in technology stocks that may lead the overall market higher.









