Increased Options Trading Activity Noted in Major Companies

Citigroup, UPS, and Rivian Lead in Options Volume

Among the stocks tracked by the Russell 3000 index, significant options trading was recorded today for Citigroup Inc (Symbol: C). So far, 57,789 contracts have changed hands, which accounts for about 5.8 million underlying shares. This volume represents approximately 45.8% of C’s average daily trading over the past month of 12.6 million shares. The $67.50 strike put option expiring on January 16, 2026, was particularly active, with 5,067 contracts trading, equating to around 506,700 underlying shares. Below is a chart showing C’s trading history for the past twelve months, with the $67.50 strike highlighted in orange:

In addition, United Parcel Service Inc (Symbol: UPS) recorded an options volume of 20,678 contracts today. This figure equates to about 2.1 million underlying shares and represents a notable 45.3% of UPS’s average daily trading volume over the past month of 4.6 million shares. The $126 strike call option expiring on January 17, 2025, saw heightened interest, with 3,765 contracts trading, representing approximately 376,500 underlying shares. Below is a chart detailing UPS’s twelve-month trading history, with the $126 strike highlighted in orange:

Rivian Automotive Inc (Symbol: RIVN) also experienced high options trading activity, with 171,326 contracts traded so far today. This number equals about 17.1 million underlying shares, comprising roughly 44.6% of RIVN’s average daily trading volume of 38.4 million shares over the past month. The $12.50 strike put option expiring on March 21, 2025, was particularly active as well, with 22,691 contracts trading, representing around 2.3 million underlying shares. The trading history for RIVN over the past twelve months is shown in the chart below, with the $12.50 strike highlighted in orange:

For more information on the various available expirations for C options, UPS options, or RIVN options, visit StockOptionsChannel.com.

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

Also see:

• Funds Holding EMTY
• RDVY YTD Return
• BTA Dividend History

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