Significant Wednesday Options Trends: QCOM, RNG, PMT

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Qualcomm Inc (QCOM) has seen significant trading activity today, with a total of 47,814 contracts exchanged, representing approximately 4.8 million underlying shares. This volume accounts for 56.4% of its average daily trading volume of 8.5 million shares over the past month. Notably, the $150 strike call option set to expire on August 08, 2025, has recorded 9,514 contracts, equating to about 951,400 underlying shares.

RingCentral Inc (RNG) has also noted active options trading, with 8,229 contracts traded, covering approximately 822,900 underlying shares, or 55.3% of its average daily volume of 1.5 million shares in the past month. The $30 strike call option, expiring August 15, 2025, contributed 736 contracts, representing about 73,600 underlying shares.

Pennymac Mortgage Investment Trust (PMT) reported a trading volume of 5,491 contracts, which equals approximately 549,100 underlying shares, or 53.9% of its monthly average of 1.0 million shares. The $7.50 strike put option, expiring on December 19, 2025, had 5,204 contracts traded, indicating about 520,400 underlying shares.

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