Trading Spotlight: Rhythm Pharmaceuticals, Pfizer, and PepsiCo Options Activity

Rhythm Pharmaceuticals Sees Heavy Options Trading

Among the notable components of the Russell 3000 index today, Rhythm Pharmaceuticals Inc (Symbol: RYTM) has captured attention with its trading volume. So far, a total of 2,463 contracts have exchanged hands, which translates to approximately 246,300 underlying shares. This figure represents around 49.7% of RYTM’s average daily trading volume over the past month, which stands at 495,815 shares.

A significant portion of today’s volume came from the $55 strike call option expiring on December 20, 2024. With 1,201 contracts traded, this represents about 120,100 underlying shares of RYTM. Below is a chart depicting RYTM’s trailing twelve-month trading history, highlighting the $55 strike in orange:

Pfizer’s Options Volume Surges

Pfizer Inc (Symbol: PFE) is also making headlines with its options trading today, showing a volume of 203,933 contracts. This number reflects approximately 20.4 million underlying shares, representing a notable 48.8% of PFE’s average daily trading volume of 41.8 million shares over the past month.

High activity was noted for the $28 strike call option expiring on February 21, 2025, with 27,808 contracts traded, equating to about 2.8 million underlying shares of PFE. The chart below shows PFE’s trailing twelve-month trading history, with the $28 strike marked in orange:

PepsiCo’s Active Options Market

PepsiCo Inc (Symbol: PEP) has also reported a strong options trading session today, recording a volume of 29,929 contracts. This equates to about 3.0 million underlying shares, which is approximately 48.4% of PEP’s average daily trading volume of 6.2 million shares over the previous month.

Noteworthy trading activity was observed in the $150 strike put option, which expires on December 27, 2024. There have been 3,658 contracts traded today, representing around 365,800 underlying shares of PEP. Below is a chart showing PEP’s trailing twelve-month trading history, with the $150 strike highlighted in orange:

For additional details about available options for RYTM, PFE, or PEP, visit StockOptionsChannel.com.

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

Also see:

• FEEU Videos
• Funds Holding AVEM
• JNCE shares outstanding history

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