Options Trading Sees Significant Activity in Rivian, T-Mobile, and Alphabet
Today, the Russell 3000 index revealed significant options trading volume, particularly for Rivian Automotive Inc (Symbol: RIVN). A total of 120,128 contracts have been traded today, which correlates to roughly 12.0 million underlying shares. This volume represents about 44.4% of RIVN’s average daily trading volume of 27.1 million shares over the past month. Notably, the $13 strike call option expiring on March 28, 2025, has garnered increased interest, with 18,401 contracts traded so far, equating to approximately 1.8 million underlying shares. Below is a chart illustrating RIVN’s trailing twelve-month trading history, with the $13 strike highlighted in orange:
T-Mobile US Inc (Symbol: TMUS) also experienced significant trading activity, with a total of 18,631 options contracts exchanged, representing around 1.9 million underlying shares. This figure reflects approximately 44.1% of TMUS’s average daily trading volume of 4.2 million shares in the last month. The $270 strike call option expiring on March 28, 2025, showed particular strength, with 10,699 contracts traded, equivalent to about 1.1 million underlying shares. Below is the chart depicting TMUS’s trailing twelve-month trading history, highlighting the $270 strike in orange:
Furthermore, Alphabet Inc (Symbol: GOOGL) reported robust options trading, with 143,443 contracts exchanged today. This volume equates to approximately 14.3 million underlying shares, making up about 41% of GOOGL’s average daily trading volume of 34.9 million shares over the past month. The $170 strike call option expiring on March 28, 2025, was particularly active, with 15,054 contracts traded, representing about 1.5 million underlying shares. Below is the chart showcasing GOOGL’s trailing twelve-month trading history, with the $170 strike marked in orange:
For more details on various available expirations for RIVN, TMUS, or GOOGL options, visit StockOptionsChannel.com.
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also see:
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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
