Surge in Options Volume for ONTO, RGTI, and DELL Raises Eyebrows

Remarkable options trading activity has been noted for Onto Innovation Inc., Rigetti Computing Inc., and Dell Technologies Inc., indicating potential investor sentiments and future stock price movements.

Date: 09-05-2025

AI Rating: 7

Market Overview: The recent surge in options trading volume for Onto Innovation Inc. (ONTO), Rigetti Computing Inc. (RGTI), and Dell Technologies Inc. (DELL) suggests heightened investor interest and could signal price volatility ahead.

For ONTO, the reported trading of 4,315 contracts, constituting 46.2% of the average daily volume, highlights a bullish sentiment among traders, particularly for the $95 strike call option. This strong activity might suggest expectations of significant upward price movement in the near future.

Similarly, RGTI showed remarkable volume with 125,243 contracts traded, representing 45.9% of daily average volume. The activity surrounding the $10.50 strike call option indicates investor confidence and could be a precursor to price appreciation.

In contrast, DELL's options trading of 29,008 contracts reflects mixed sentiments, especially concerning the $90 strike put option, which could imply that some investors are hedging against potential downside risks in the stock. Despite this, the volume constitutes 44.7% of its average daily volume, indicating substantial trading interest.

Conclusion: The spikes in options trading across these companies may indicate significant strategies being employed by traders anticipating price fluctuations. The respective volumes could affect corresponding stock prices over the short term, with ONTO and RGTI appearing bullish while DELL shows signs of caution. Monitoring future market movements and earnings reports will be crucial for a comprehensive outlook.

Stocks: ONTO RGTI DELL