Unusual Options Activity: Rocket Lab (RKLB), Archer Aviation (ACHR), and Lyft (LYFT) See Surging Trading Volume
Unusual options activity was observed today among key Russell 3000 stocks, with Rocket Lab USA (RKLB), Archer Aviation (ACHR), and Lyft (LYFT) experiencing significant call option trading volume. This surge indicates heightened investor interest and potential bullish sentiment around these stocks.
Rocket Lab USA (RKLB) Options Surge with $35 Strike Calls
🚀 Rocket Lab USA Inc. (NASDAQ: RKLB) saw a total options trading volume of 114,908 contracts, translating to 11.5 million underlying shares. This represents 57.8% of its average daily trading volume over the past month (19.9 million shares).
🔹 The $35 strike call option expiring on February 14, 2025, witnessed particularly high activity, with 5,478 contracts traded. This represents 547,800 underlying shares, signaling potential bullish bets on the stock’s long-term growth.
Archer Aviation (ACHR) Sees Heavy Options Flow at $10 Strike
✈️ Archer Aviation Inc. (NYSE: ACHR) also experienced an uptick in options activity, with 136,156 contracts traded, equating to 13.6 million underlying shares. This volume accounts for 55% of ACHR’s average daily trading volume of 24.8 million shares.
🔹 The $10 strike call option expiring February 14, 2025, stood out with 12,741 contracts traded, covering 1.3 million underlying shares. This suggests traders are eyeing potential upside in the eVTOL (electric vertical takeoff and landing) space.
Lyft (LYFT) Options Volume Jumps at $15 Strike
🚖 Lyft Inc. (NASDAQ: LYFT) recorded 78,164 options contracts traded, translating to 7.8 million underlying shares, or 53.3% of its 14.7 million shares average daily trading volume.
🔹 The $15 strike call option expiring February 14, 2025, was particularly active, with 5,795 contracts traded, representing 579,500 underlying shares. This reflects potential optimism in the ride-hailing company’s future performance.
With this notable options activity, investors are closely watching RKLB, ACHR, and LYFT, as these stocks gain traction in the market.
