Options Trading Volume Highlights for Rayonier, Oracle, and General Electric
Today’s market showed significant options trading activity in the Russell 3000 index, particularly with Rayonier Advanced Materials Inc (Symbol: RYAM), Oracle Corp (Symbol: ORCL), and General Electric Co (Symbol: GE).
Rayonier Advanced Materials Sees Surge in Options Trading
Rayonier Advanced Materials Inc (Symbol: RYAM) recorded a total of 2,106 contracts traded today, representing about 210,600 underlying shares. This figure accounts for roughly 42% of RYAM’s average daily trading volume of 501,140 shares for the past month. A notable portion of the activity was concentrated on the $6 strike call option set to expire on November 15, 2024, which saw 1,243 contracts exchanged, corresponding to around 124,300 underlying shares. Below, you can see RYAM’s trading history over the last twelve months, with the $6 strike marked in orange:
Oracle Corp’s Robust Options Activity
Oracle Corp (Symbol: ORCL) also experienced considerable options trading, with 25,957 contracts changing hands today. This volume represents roughly 2.6 million underlying shares, or about 41.2% of the company’s average daily trading volume of 6.3 million shares over the past month. The $177.50 strike call option, expiring on October 25, 2024, was particularly active, with 2,519 contracts traded, reflecting about 251,900 underlying shares. The chart below depicts ORCL’s trading history for the past year, with the $177.50 strike highlighted:
General Electric’s Trading Volume Points to Increased Interest
General Electric Co (Symbol: GE) reported options trading volume of 18,067 contracts today, equivalent to approximately 1.8 million underlying shares. This represents about 40.8% of GE’s average daily trading volume of 4.4 million shares over the last month. The high volume observed was primarily for the $180 strike call option expiring on October 25, 2024, with 1,087 contracts exchanged, or roughly 108,700 underlying shares. Below is GE’s twelve-month trading history, with the $180 strike highlighted:
For more options information regarding RYAM, ORCL, or GE, visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
- ETFs Holding DMRC
- Funds Holding FEAC
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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
