Notable Options Trading Activity in Russell 3000 Components

Today’s options trading activity in the Russell 3000 index highlights significant movements, particularly in Diamondback Energy, Inc. (Symbol: FANG). So far, 10,452 contracts have been traded, equating to around 1.0 million underlying shares. This volume represents approximately 46.5% of FANG’s average daily trading volume of 2.2 million shares over the past month.

Investors are particularly active in the $140 strike call option, set to expire on May 16, 2025, with 3,423 contracts traded today, translating to about 342,300 underlying shares of FANG. Below, a chart illustrates FANG’s trading history over the past twelve months, highlighting the $140 strike in orange:

In a similar vein, RTX Corp (Symbol: RTX) has seen options trading volume of 26,413 contracts, which corresponds to approximately 2.6 million underlying shares. This activity constitutes about 45.8% of RTX’s average daily trading volume of 5.8 million shares over the last month.

Particularly noteworthy is the $105 strike call option, expiring on May 16, 2025, where 8,336 contracts have been traded today, reflecting around 833,600 underlying shares of RTX. The following chart displays RTX’s trading history over the past twelve months, with the $105 strike highlighted:

Genuine Parts Co. (Symbol: GPC) is also experiencing significant options activity, with 5,714 contracts traded today. This figure represents approximately 571,400 underlying shares, amounting to 44.3% of GPC’s average daily trading volume of 1.3 million shares for the past month.

High volume has been notable for the $125 strike put option expiring on May 16, 2025, where 2,510 contracts have traded thus far, corresponding to about 251,000 underlying shares of GPC. The following chart outlines GPC’s trading history over the last twelve months, highlighting the $125 strike in orange:

For more details on options expirations for FANG, RTX, or GPC, please visit StockOptionsChannel.com.

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

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