April 24, 2025

Ron Finklestien

Significant Midweek Options Activity: C, URI, PEN

Increased Options Trading Volume Seen Across Major Companies

Today’s trading activity in the Russell 3000 index has highlighted significant options trading volume for several notable companies. Citigroup Inc. (Symbol: C) has experienced particularly high activity, with a total of 117,930 contracts traded, equating to around 11.8 million underlying shares. This figure represents roughly 51.8% of C’s average daily trading volume of 22.8 million shares over the past month.

Within this surge, the $68 strike call option set to expire on April 25, 2025, stands out, with 13,568 contracts traded today, reflecting approximately 1.4 million underlying shares. The chart below illustrates C’s trailing twelve-month trading history, with the $68 strike option highlighted in orange:

Citigroup Trading History

United Rentals Inc Experiences Noteworthy Activity

United Rentals Inc. (Symbol: URI) also reported significant options trading today, with a total volume of 3,973 contracts, amounting to around 397,300 underlying shares. This reflects approximately 50% of URI’s average daily trading volume of 794,125 shares over the past month. The $560 strike call option expiring April 25, 2025, garnered notable interest, showing 1,054 contracts traded today, representing approximately 105,400 underlying shares. The chart below depicts URI’s trading history over the past twelve months, with the $560 strike highlighted:

United Rentals Trading History

Penumbra Inc Shows Robust Options Trading Volume

Penumbra Inc. (Symbol: PEN) reported a total of 2,292 contracts traded today, which corresponds to roughly 229,200 underlying shares. This figure indicates approximately 49.5% of PEN’s average daily trading volume of 463,155 shares over the last month. Among these contracts, the $340 strike call option, with an expiration date of July 18, 2025, highlighted notable activity with 502 contracts traded today, equating to about 50,200 underlying shares. The chart below shows PEN’s trailing twelve-month trading history, with the $340 strike emphasized:

Penumbra Trading History

To explore additional expiration dates for options on C, URI, or PEN, consider visiting StockOptionsChannel.com.

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


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