Exploring Wednesday Option Activity in the Stock Market Insight into Wednesday’s Notable Option Activities for RKT, TRUP, FTAI

Avatar photo

Unveiling Trading Statistics

Uncovering the world of options trading within the realm of the Russell 3000 index, today brings to light intriguing activities surrounding Rocket Companies Inc Class A (Symbol: RKT). A whopping 24,136 contracts have exchanged hands today, representing around 2.4 million underlying shares – a staggering 90.1% of RKT’s average daily trading volume over the past month. The $12 strike put option expiring on March 22, 2024, has gained exceptional attention with 7,840 contracts trading so far today, reflecting approximately 784,000 underlying shares of RKT.

The RKT Visual

Take a glance at the chart below, illustrating RKT’s trailing twelve-month trading history, with the significant $12 strike depicted in a bold orange hue:

Loading chart - 2024 TickerTech.com

Observing Other Movers

Peering into other stocks, Trupanion Inc (Symbol: TRUP) has witnessed a trading volume of 5,663 contracts – equivalent to approximately 566,300 underlying shares or 87.5% of TRUP’s average daily trading volume over the past month of 647,265 shares. The $27.50 strike call option maturing on August 16, 2024, experienced heightened activity with 1,011 contracts traded so far today, representing around 101,100 underlying shares of TRUP.

The TRUP Visual

Below is a graphical representation of TRUP’s trading journey over the past year, with the $27.50 strike standing out in eye-catching orange:

Loading chart - 2024 TickerTech.com

Evaluating the Aviators

Shifting focus to FTAI Aviation Ltd (Symbol: FTAI), the options market has been abuzz with a volume of 7,066 contracts today, reflecting approximately 706,600 underlying shares. This volume stands robust at 82.2% of FTAI’s average daily trading volume over the past month, amounting to 859,095 shares. The $65 strike call option expiring on April 19, 2024, surged in prominence with 3,147 contracts exchanging hands, representing roughly 314,700 underlying shares of FTAI.

The FTAI Visual

Gaze upon the chart below, capturing FTAI’s trading performance over the last year, accentuating the notable $65 strike in vibrant orange:

Loading chart - 2024 TickerTech.com

For additional insights into the available expirations for RKT options, TRUP options, or FTAI options, explore StockOptionsChannel.com.

Also see:

• HIE Insider Buying
• TSLA Price Target
• Top Ten Hedge Funds Holding EWI

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


The free Daily Market Overview 250k traders and investors are reading

Read Now