HomeMarket NewsSignificant Options Trading Insights: UNIT, HON, RWT on Friday

Significant Options Trading Insights: UNIT, HON, RWT on Friday

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Major Trading Activity in Options for Uniti, Honeywell, and Redwood Trust

Today, significant options trading was registered within the Russell 3000 index, highlighting three companies: Uniti Group Inc (Symbol: UNIT), Honeywell International Inc (Symbol: HON), and Redwood Trust Inc (Symbol: RWT).

Uniti Group (UNIT) Sees Strong Trading Volume

Uniti Group Inc experienced remarkable options trading today, with 13,359 contracts exchanged, amounting to roughly 1.3 million shares. This figure represents approximately 42.1% of UNIT’s average daily trading volume of 3.2 million shares over the past month. A spotlight was on the $4 strike put option expiring January 17, 2025, which saw 3,820 contracts traded, translating to about 382,000 underlying shares. The chart below illustrates UNIT’s trading history over the past year, with the $4 strike marked in orange:

Loading+chart+—+2024+TickerTech.com

Honeywell (HON) Records Impressive Options Activity

Honeywell International Inc also stood out today with options trading volume reaching 10,910 contracts, representing about 1.1 million shares. This number accounts for around 41.9% of HON’s average daily trading volume of 2.6 million shares over the last month. Similar to UNIT, the $200 strike put option expiring January 17, 2025 was particularly active, with 3,949 contracts traded, reflecting approximately 394,900 underlying shares. The accompanying chart illustrates HON’s trading history, highlighting the $200 strike in orange:

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Redwood Trust (RWT) Records Notable Options Trading

Redwood Trust Inc’s options transactions reached 3,604 contracts today, representing about 360,400 underlying shares. This volume is approximately 40.9% of RWT’s average daily trading volume of 881,895 shares in the past month. The $8 strike call option expiring April 17, 2025 garnered significant attention, with 3,005 contracts traded, equating to around 300,500 underlying shares. Below, the chart outlines RWT’s trading history over the last year, with the $8 strike highlighted in orange:

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For details on the various available options expirations for UNIT, HON, or RWT, please visit StockOptionsChannel.com.

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

Also see:

• Stocks Crossing Below Their 200 Day Moving Average
• Top Ten Hedge Funds Holding ACN
• BNCL Split History

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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