Options trading in Rackspace Technology Inc. reached 42,616 contracts at 11:11 a.m. New York time on Tuesday, according to exchange data compiled by Bloomberg.
Calls made up the vast majority of the volume, with 38,677 call contracts exchanged versus 3,939 put contracts. The session was concentrated in a limited set of strikes and maturities.
The single most-traded option was the June 18, 2026 $7 call, which saw 10,527 contracts trade and showed open interest of 1,862 contracts. The June 18, 2026 $8 call was the next most-active series, with 7,214 contracts changing hands and open interest reported at 3,264 contracts.
Other notable call activity included the August 21, 2026 $6 call, which recorded 2,152 contracts traded and carried 3,111 contracts of open interest. The November 20, 2026 $9 call recorded 1,819 contracts traded and had open interest of 12,240 contracts. The June 18, 2026 $6.50 call also featured in the session, with 1,735 contracts traded and open interest of 2,092 contracts.
The distribution of trades shows a strong skew toward call options during the reported snapshot, while the put side remained a much smaller portion of overall volume. The data provide a granular look at specific strikes and maturities where market participants concentrated activity during the mid-morning snapshot.
Traders and market participants tracking derivatives flow may use this type of exchange data to observe where speculative or hedging interest is clustering by strike and expiration, particularly when one or more series record outsized turnover relative to the broader chain.
For the reported time point, the options tally and the strike-level details give a clear picture of which expirations and strikes attracted the most contracts in Rackspace Technology on that trading day.