Stock Markets June 29, 2026 03:33 PM

Options Activity in NioCorp Jumps to Over 16,000 Contracts, Calls Dominate Volume

Concentrated call trades at several near-dated strikes accompany a modest dip in the stock and rising short-term volatility measures

By Maya Rios
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Options volume in NioCorp Developments Ltd. accelerated to 16,196 contracts by 3:20 p.m. New York time on Monday, with call options accounting for the overwhelming majority of the activity. Several call strikes recorded heavy trading while the stock traded slightly lower and short-term volatility and skew metrics moved higher.

Options Activity in NioCorp Jumps to Over 16,000 Contracts, Calls Dominate Volume
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Key Points

  • Options volume in NioCorp reached 16,196 contracts by 3:20 p.m. New York time, with calls accounting for 16,049 contracts and puts 147 contracts.
  • The July 17, 2026 $5 call led activity with 12,856 contracts traded, while July 2, 2026 $4.50 and $5 calls recorded 1,870 and 506 contracts respectively, against lower open interest levels.
  • NioCorp shares were down 0.99% at $4.51 as three-month volatility rose to 94.64% and the three-month 90/110 skew increased to 16.87 percentage points - indicators relevant to equities and options/derivatives markets.

Trading in NioCorp Developments Ltd. options increased markedly on Monday, with exchange data showing 16,196 contracts traded by 3:20 p.m. New York time. The flow was heavily weighted toward calls, which represented 16,049 of the contracts, while put activity remained limited at 147 contracts.

The most active single option was the July 17, 2026 $5 call, which saw 12,856 contracts change hands. That volume stands in contrast to the open interest for that contract, which was recorded at 383 contracts as of June 26. Other call strikes also recorded notable turnover: the July 2, 2026 $4.50 call had 1,870 contracts traded with 35 contracts in open interest, and the July 2, 2026 $5 call registered 506 contracts traded against 88 contracts in open interest.

On the equity side, NioCorp shares slipped 0.99% to close at $4.51. Alongside the trading activity, short-term volatility and skew measures showed upward movement. The company’s three-month volatility rose 1.31 percentage points to 94.64%. The three-month 90/110 skew increased by 18.76 percentage points to reach 16.87 percentage points.

These data points - the concentration of call volume at specific strikes, the disparity between traded contracts and existing open interest, and the higher short-term volatility and skew - together describe the market signals present in the options market for NioCorp on Monday. The information above is derived from exchange-reported figures and intraday price updates through the indicated time.


Market context

The intraday snapshot highlights where activity was concentrated and how price and volatility measures moved in tandem with the options flow. The largest single line of options volume was focused on the July 17, 2026 $5 call, while near-term July 2, 2026 calls also saw multiple hundreds to thousands of contracts trade.

Data notes

  • Total options traded by 3:20 p.m. New York time: 16,196 contracts.
  • Call options: 16,049 contracts; put options: 147 contracts.
  • Notable option trades and open interest figures are reported as of trade and as of June 26 for the July 17, 2026 $5 call.
  • Equity move: NioCorp shares down 0.99% to $4.51.
  • Volatility metrics: three-month volatility at 94.64% (up 1.31 percentage points); three-month 90/110 skew at 16.87 percentage points (up 18.76 percentage points).

Risks

  • Concentration of traded contracts at a single strike relative to open interest could indicate transient or concentrated bets rather than broad position accumulation - relevant to options and derivatives markets.
  • Elevated three-month volatility and a marked rise in the 90/110 skew reflect higher near-term uncertainty priced by the market - relevant to equity and volatility-sensitive instruments.
  • A decline in the underlying stock price alongside heavy call activity may present execution or timing risks for traders and investors focused on the company’s equity or related derivatives.

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