Notable Thursday Option Activity: PARA, ACHR, RXST

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Paramount Global (Symbol: PARA), where a total volume of 40,514 contracts has been traded thus far today, a contract volume which is representative of approximately 4.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.5% of PARA's average daily trading volume over the past month, of 8.2 million shares. Especially high volume was seen for the $10 strike put option expiring January 17, 2025, with 8,300 contracts trading so far today, representing approximately 830,000 underlying shares of PARA. Below is a chart showing PARA's trailing twelve month trading history, with the $10 strike highlighted in orange:

Archer Aviation Inc (Symbol: ACHR) saw options trading volume of 53,790 contracts, representing approximately 5.4 million underlying shares or approximately 45.5% of ACHR's average daily trading volume over the past month, of 11.8 million shares. Particularly high volume was seen for the $3.50 strike call option expiring January 17, 2025, with 37,929 contracts trading so far today, representing approximately 3.8 million underlying shares of ACHR. Below is a chart showing ACHR's trailing twelve month trading history, with the $3.50 strike highlighted in orange:

And RxSight Inc (Symbol: RXST) saw options trading volume of 1,998 contracts, representing approximately 199,800 underlying shares or approximately 43.4% of RXST's average daily trading volume over the past month, of 460,105 shares. Particularly high volume was seen for the $52.50 strike call option expiring October 18, 2024, with 1,215 contracts trading so far today, representing approximately 121,500 underlying shares of RXST. Below is a chart showing RXST's trailing twelve month trading history, with the $52.50 strike highlighted in orange:

For the various different available expirations for PARA options, ACHR options, or RXST options, visit StockOptionsChannel.com.

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

Also see:

• TARA YTD Return
• AIZ Dividend History
• Funds Holding PATH

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