Significant Friday Options Trades: RIVN, RRC, ALB

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Rivian Automotive Inc (RIVN) experienced significant options trading today, with 143,134 contracts exchanged, equating to approximately 14.3 million underlying shares—42.6% of RIVN’s average daily trading volume of 33.6 million shares over the past month. Notably, the $5 strike put option expiring December 15, 2028, saw 19,202 contracts traded.

Range Resources Corp (RRC) recorded options trading of 14,052 contracts, or about 1.4 million underlying shares, which is 41.2% of its average daily trading volume of 3.4 million shares. The $40 strike call option expiring March 20, 2026, was particularly active, with 11,017 contracts traded.

Albemarle Corp (ALB) reported a trading volume of 10,663 contracts today, approximately 1.1 million underlying shares, representing 40.7% of its average daily trading volume of 2.6 million shares. The $260 strike call option expiring June 18, 2026, saw 3,097 contracts traded.

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