Unusual Options Activity in Russell 3000: Gibraltar, Rocket Companies, and US Bancorp Make Waves

Today’s options trading reports among Russell 3000 index members reveal significant activity in several companies, highlighting investor interest and market dynamics.

Gibraltar Industries (ROCK) Sees Increased Options Volume

Gibraltar Industries Inc (Symbol: ROCK) is experiencing notable trading activity. As of now, 920 contracts have changed hands, which equals about 92,000 underlying shares, since each contract represents 100 shares. This volume accounts for 46.1% of ROCK’s average daily trading volume of 199,360 shares over the past month. The most active option today is the $65 strike put option, expiring November 15, 2024, which has already seen 300 contracts traded, amounting to approximately 30,000 underlying shares of ROCK.

Rocket Companies (RKT) Reports High Volume in Options Trading

Rocket Companies Inc Class A (Symbol: RKT) has seen a total of 15,412 options contracts traded, translating to around 1.5 million underlying shares. This represents 45.7% of RKT’s average daily volume, which is 3.4 million shares for the past month. Significant action was noted in the $18 strike put option, set to expire on October 18, 2024, with 5,586 contracts traded today, equivalent to approximately 558,600 underlying shares.

US Bancorp (USB) Enthusiastically Engages in Options Activity

US Bancorp (Symbol: USB) is also making headlines with options trading reaching 31,521 contracts today. This activity represents about 3.2 million underlying shares and constitutes 44.2% of USB’s average daily trading volume of 7.1 million shares over the last month. The $46 strike call option, expiring October 18, 2024, saw impressive volume with 8,054 contracts traded, translating to around 805,400 underlying shares of USB.

For those interested in exploring different available expiration dates for options related to ROCK, RKT, or USB, please visit StockOptionsChannel.com.

Today’s Most Active Call & Put Options of the S&P 500 »

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