Noteworthy Thursday Option Activity: RTX, IREN, PAG

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in RTX Corp (Symbol: RTX), where a total volume of 67,157 contracts has been traded thus far today, a contract volume which is representative of approximately 6.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 127.3% of RTX's average daily trading volume over the past month, of 5.3 million shares. Especially high volume was seen for the $200 strike call option expiring August 21, 2026, with 19,270 contracts trading so far today, representing approximately 1.9 million underlying shares of RTX. Below is a chart showing RTX's trailing twelve month trading history, with the $200 strike highlighted in orange:

IREN Ltd (Symbol: IREN) options are showing a volume of 461,541 contracts thus far today. That number of contracts represents approximately 46.2 million underlying shares, working out to a sizeable 97.1% of IREN's average daily trading volume over the past month, of 47.5 million shares. Particularly high volume was seen for the $50 strike call option expiring August 14, 2026, with 32,961 contracts trading so far today, representing approximately 3.3 million underlying shares of IREN. Below is a chart showing IREN's trailing twelve month trading history, with the $50 strike highlighted in orange:

And Penske Automotive Group Inc (Symbol: PAG) saw options trading volume of 4,920 contracts, representing approximately 492,000 underlying shares or approximately 87.2% of PAG's average daily trading volume over the past month, of 564,115 shares. Especially high volume was seen for the $185 strike call option expiring August 21, 2026, with 2,401 contracts trading so far today, representing approximately 240,100 underlying shares of PAG. Below is a chart showing PAG's trailing twelve month trading history, with the $185 strike highlighted in orange:

For the various different available expirations for RTX options, IREN options, or PAG options, visit StockOptionsChannel.com.

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

Further RTX Research:

• RTX MACD
• Institutional Holders of RTX
• Historical EPS

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