HomeMarket NewsSignificant Options Activity to Watch on Monday: PCT, MP, JOBY

Significant Options Activity to Watch on Monday: PCT, MP, JOBY

Daily Market Recaps (no fluff)

always free

Surge in Options Trading: PureCycle, MP Materials, and Joby Aviation Command Attention

Today’s options trading reveals strong activity among several Russell 3000 companies, particularly PureCycle Technologies Inc (Symbol: PCT), MP Materials Corp (Symbol: MP), and Joby Aviation Inc (Symbol: JOBY). Below is a summary of the day’s notable trading volumes.

PureCycle Technologies Highlights

In options trading, PureCycle Technologies Inc (Symbol: PCT) has seen a total of 13,918 contracts traded today. This volume translates to about 1.4 million underlying shares, which is approximately 51.1% of PCT’s average daily trading volume of 2.7 million shares over the past month. Particularly noteworthy is the $14 strike call option expiring December 20, 2024. Today, 5,303 contracts changed hands, representing around 530,300 underlying shares of PCT. The chart below illustrates PCT’s trading history over the last twelve months, with the $14 strike highlighted in orange:

Loading chart — 2024 TickerTech.com

MP Materials Trading Activity

MP Materials Corp (Symbol: MP) recorded options trading of 11,985 contracts today, equating to roughly 1.2 million underlying shares. This volume is about 50.6% of its average daily trading volume of 2.4 million shares in the past month. The $5 strike put option expiring January 16, 2026, has also seen significant activity, with 4,228 contracts traded today. This represents approximately 422,800 underlying shares of MP. Below is the chart showing MP’s twelve-month trading history, with the $5 strike highlighted in orange:

Loading chart — 2024 TickerTech.com

Joby Aviation’s Robust Options Trading

Joby Aviation Inc (Symbol: JOBY) is witnessing a high volume of 91,365 contracts traded today. This number represents about 9.1 million underlying shares, making up approximately 48.7% of JOBY’s average daily trading volume of 18.8 million shares. The $10 strike call option expiring January 17, 2025, led the activity today, with 11,705 contracts traded, amounting to around 1.2 million underlying shares of JOBY. The chart below shows JOBY’s twelve-month trading history, with the $10 strike highlighted in orange:

Loading chart — 2024 TickerTech.com

Explore More Options

For additional information on various available expirations for PCT, MP, or JOBY options, visit StockOptionsChannel.com.

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

Also See:

• RIBT YTD Return
• H Split History
• BLDP Options Chain

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

Do you want a daily market summary with no fluff?

Simple Straightforward Daily Stock Market Recaps Sent for free,every single trading day: Read Now

Explore More

Simple Straightforward Daily Stock Market Recaps

Get institutional-level analysis to take your trading to the next level, sign up for free and become apart of the community.