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20 March
Notable Wednesday Option Activity: RKT, TRUP, FTAI

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Rocket Companies Inc Class A (Symbol: RKT), where a total volume of 24,136 contracts has been traded thus far today, a contract volume which is representative of approximately 2.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 90.1% of RKT's average daily trading volume over the past month, of 2.7 million shares. Especially high volume was seen for the $12 strike put option expiring March 22, 2024, with 7,840 contracts trading so far today, representing approximately 784,000 underlying shares of RKT. Below is a chart showing RKT's trailing twelve month trading history, with the $12 strike highlighted in orange:

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Trupanion Inc (Symbol: TRUP) saw options trading volume of 5,663 contracts, representing approximately 566,300 underlying shares or approximately 87.5% of TRUP's average daily trading volume over the past month, of 647,265 shares. Particularly high volume was seen for the $27.50 strike call option expiring August 16, 2024, with 1,011 contracts trading so far today, representing approximately 101,100 underlying shares of TRUP. Below is a chart showing TRUP's trailing twelve month trading history, with the $27.50 strike highlighted in orange:

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And FTAI Aviation Ltd (Symbol: FTAI) options are showing a volume of 7,066 contracts thus far today. That number of contracts represents approximately 706,600 underlying shares, working out to a sizeable 82.2% of FTAI's average daily trading volume over the past month, of 859,095 shares. Especially high volume was seen for the $65 strike call option expiring April 19, 2024, with 3,147 contracts trading so far today, representing approximately 314,700 underlying shares of FTAI. Below is a chart showing FTAI's trailing twelve month trading history, with the $65 strike highlighted in orange:

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For the various different available expirations for RKT options, TRUP options, or FTAI options, visit StockOptionsChannel.com.

Also see:

HIE Insider Buying
TSLA Price Target
Top Ten Hedge Funds Holding EWI

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