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17 June
Notable Monday Option Activity: RKT, KNTK, SNPS

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 9,744 contracts has been traded thus far today, a contract volume which is representative of approximately 974,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.8% of RKT's average daily trading volume over the past month, of 2.0 million shares. Particularly high volume was seen for the $15.50 strike call option expiring June 21, 2024, with 3,740 contracts trading so far today, representing approximately 374,000 underlying shares of RKT. Below is a chart showing RKT's trailing twelve month trading history, with the $15.50 strike highlighted in orange:

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Kinetik Holdings Inc (Symbol: KNTK) saw options trading volume of 2,086 contracts, representing approximately 208,600 underlying shares or approximately 47.7% of KNTK's average daily trading volume over the past month, of 437,420 shares. Especially high volume was seen for the $40 strike call option expiring June 21, 2024, with 1,011 contracts trading so far today, representing approximately 101,100 underlying shares of KNTK. Below is a chart showing KNTK's trailing twelve month trading history, with the $40 strike highlighted in orange:

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And Synopsys Inc (Symbol: SNPS) options are showing a volume of 4,211 contracts thus far today. That number of contracts represents approximately 421,100 underlying shares, working out to a sizeable 47.7% of SNPS's average daily trading volume over the past month, of 881,950 shares. Especially high volume was seen for the $470 strike put option expiring June 21, 2024, with 730 contracts trading so far today, representing approximately 73,000 underlying shares of SNPS. Below is a chart showing SNPS's trailing twelve month trading history, with the $470 strike highlighted in orange:

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For the various different available expirations for RKT options, KNTK options, or SNPS options, visit StockOptionsChannel.com.

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

Also see:

Insurance Brokers Dividend Stocks
LNCR Insider Buying
PHB Options Chain

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