Surge in Options Trading: Rithm, EQT, and Montrose Lead the Way
Today’s options trading activity in some companies from the Russell 3000 index shows significant movements, particularly for Rithm Capital Corp, EQT Corp, and Montrose Environmental Group Inc. Here’s a closer look at their performances.
Rithm Capital Corp: Call Options on the Rise
Rithm Capital Corp (Symbol: RITM) has seen substantial activity today. A total of 15,669 contracts have been traded, which translates to about 1.6 million underlying shares. This volume represents 49.1% of RITM’s average daily trading volume of 3.2 million shares over the past month. Notably, the $10 strike call option expiring January 17, 2025, recorded 7,260 contracts traded today, equating to approximately 726,000 underlying shares. Below is a chart displaying RITM’s trading history over the past twelve months, with the $10 strike highlighted in orange:
EQT Corp: High Volume Signals Activity
EQT Corp (Symbol: EQT) has also recorded 30,559 contracts traded, representing around 3.1 million underlying shares. This amount is about 49% of EQT’s average daily trading volume of 6.2 million shares for the past month. The $50 strike call option expiring January 17, 2025, was particularly active, encompassing 5,411 contracts, which corresponds to roughly 541,100 underlying shares. The following chart illustrates EQT’s trading history over the last twelve months, with the $50 strike marked in orange:
Montrose Environmental Group: Engaging Trading Activity
Montrose Environmental Group Inc (Symbol: MEG) has experienced a trading volume of 3,105 contracts today. This number indicates about 310,500 underlying shares, constituting 48.4% of MEG’s average daily trading volume of 641,100 shares in the past month. A particular highlight is the $7.50 strike put option set to expire on July 18, 2025, with 1,800 contracts traded today, representing roughly 180,000 underlying shares. Below is a chart that displays MEG’s trading activity over the last twelve months, with the $7.50 strike highlighted:
For detailed information on the different expirations available for RITM, EQT, or MEG options, visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
- Louis Bacon Stock Picks
- UEIC Price Target
- Top Ten Hedge Funds Holding OPT
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
