Notable Options Trading Activity in Ralph Lauren, Rocket Lab, and Intel
Today, significant options trading volume was observed among the Russell 3000 index constituents, highlighting activity in a few key companies. Ralph Lauren Corp (Symbol: RL) exhibited impressive options trading, with 6,256 contracts traded so far, equating to roughly 625,600 underlying shares. This represents about 45.5% of RL’s average daily trading volume of 1.4 million shares over the past month. A standout in this activity was the $220 strike call option expiring on May 16, 2025, which saw 2,002 contracts traded, corresponding to approximately 200,200 underlying shares of RL. Below is a chart depicting RL’s trailing twelve-month trading history, with the $220 strike highlighted in orange:
Meanwhile, Rocket Lab USA Inc (Symbol: RKLB) reported a trading volume of 77,625 contracts today, which corresponds to about 7.8 million underlying shares. This amount is also significant, making up approximately 45% of RKLB’s average daily trading volume of 17.3 million shares over the last month. The $23 strike call option expiring on May 02, 2025, particularly stood out with 10,732 contracts traded, representing around 1.1 million underlying shares of RKLB. Below is the chart tracking RKLB’s trading history for the past year, featuring the $23 strike in orange:
Options trading for Intel Corp (Symbol: INTC) also caught attention, with 479,866 contracts transacted today, translating to approximately 48 million underlying shares. This volume represents around 44.3% of INTC’s average daily trading volume of 108.2 million shares over the recent month. Notably, the $21 strike put option expiring on April 25, 2025, saw robust activity with 21,940 contracts traded, indicating roughly 2.2 million underlying shares of INTC. The chart below showcases INTC’s twelve-month trading history, marking the $21 strike in orange:
Investors interested in options for RL, RKLB, or INTC can explore various available expirations and strategies tailored to their market outlook.
Today’s Most Active Call & Put Options of the S&P 500 »
Sources:
- FCN Stock Predictions
- MDIA Insider Buying
- SN Options Chain
The views and opinions expressed herein reflect those of the author and do not necessarily represent the views of Nasdaq, Inc.
