Trading in options tied to RTX Corp. accelerated sharply through the early afternoon on Tuesday, with exchange records showing 23,034 contracts changed hands by 2:10 p.m. New York time. The data, compiled from exchange-sourced feeds, indicate the session was dominated by call activity.
Of the total options volume, call contracts made up 19,652 contracts while puts comprised 3,382 contracts. The largest single concentration of trades was in the July 2, 2026 $200 call, where 15,505 contracts were executed. By contrast, the open interest for that strike stood at 165 contracts as of Monday, highlighting the disproportion between that day's traded volume and the existing positions recorded the day before.
On the underlying market, RTX Corp. shares rose 0.51% to trade at $188.29 during the same reporting interval. Options-market volatility measures showed a modest movement: the three-month volatility figure fell by 0.12 percentage points to 29.19%, while the three-month 90/110 skew moved up by 0.24 percentage points to 2.60 percentage points.
Context and market indicators
The session's flow underscores a pronounced tilt toward bullish call buying or other call-oriented activity at the $200 strike for July 2, 2026, given the concentration of traded contracts. At the same time, the underlying share price change was limited to a 0.51% uptick, and options-implied volatility for the three-month horizon showed a small decline.
Limitations of the available data
- The reported open interest for the July 2, 2026 $200 call is as of Monday; changes after that snapshot are not reflected in these figures.
- Volume totals are drawn from exchange data compiled by the reporting feed and represent activity through 2:10 p.m. New York time on Tuesday.
Takeaway
Put together, the session shows a concentrated burst of call-option trading at a single out-of-the-money strike while the stock recorded a modest increase and short-term implied volatility dipped slightly. Market participants monitoring equity and derivatives flows will note both the imbalance between traded contracts and previously reported open interest at the quoted strike and the relatively small movements in price and volatility metrics during this window.