Financial giants have made a conspicuous bullish move on RTX. Our analysis of options history for RTX (NYSE:RTX) revealed 12 unusual trades.

Delving into the details, we found 66% of traders were bullish, while 25% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $67,085, and 10 were calls, valued at $468,398.

What's The Price Target?

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $130.0 and $155.0 for RTX, spanning the last three months.

Volume & Open Interest Trends

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for RTX's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of RTX's whale trades within a strike price range from $130.0 to $155.0 in the last 30 days.

RTX 30-Day Option Volume & Interest Snapshot

Largest Options Trades Observed:

About RTX

Where Is RTX Standing Right Now?

• Trading volume stands at 2,868,233, with RTX's price up by 0.2%, positioned at $150.47.
• RSI indicators show the stock to be may be approaching overbought.
• Earnings announcement expected in 5 days.

Expert Opinions on RTX

A total of 3 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $157.67.

Unusual Options Activity Detected: Smart Money on the Move

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for RTX with Benzinga Pro for real-time alerts.