Surge in Options Trading: RCI Hospitality, GameStop, and Westlake Stand Out

RCI Hospitality Holdings Inc: Noteworthy Activity

Among the Russell 3000 index components today, RCI Hospitality Holdings Inc (Symbol: RICK) attracted significant attention. An impressive total of 3,431 options contracts were traded, which translates to approximately 343,100 underlying shares. This figure represents about 402.2% of RICK’s average daily trading volume of 85,310 shares over the past month. A particularly large volume was noted for the $52.50 strike put option expiring on December 20, 2024, with 481 contracts traded today, equivalent to about 48,100 underlying shares of RICK. Below is a chart displaying RICK’s trading history over the last twelve months, with the $52.50 strike highlighted in orange:

GameStop Corp: High Volume Demands Attention

GameStop Corp (Symbol: GME) experienced a significant spike in options trading, with 387,370 contracts traded. This equates to around 38.7 million underlying shares, representing 281.7% of GME’s average daily trading volume of 13.8 million shares over the past month. A notable highlight was the $125 strike call option set to expire on January 17, 2025, which saw 43,852 contracts traded today, approximately 4.4 million underlying shares represented. Below is a chart illustrating GME’s trading performance over the past year, marked with the $125 strike in orange:

Westlake Corp: Remarkable Options Volume

Westlake Corp (Symbol: WLK) reported an options trading volume of 12,137 contracts, equating to approximately 1.2 million underlying shares. This figure represents 212.4% of WLK’s average daily trading volume of 571,380 shares over the last month. There was particularly high volume for the $120 strike put option, expiring on December 20, 2024, with 6,042 contracts traded today, corresponding to roughly 604,200 underlying shares of WLK. The chart below tracks WLK’s twelve-month trading activity, with the $120 strike highlighted in orange:

To explore the various expirations for options on RICK, GME, or WLK, please visit StockOptionsChannel.com.

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

Also see:

• GMT Split History
• Funds Holding HOMZ
• Funds Holding MDCI

The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.