A Closer Look at RTX's Options Market Dynamics

Investors with a lot of money to spend have taken a bullish stance on RTX (NYSE:RTX).

And retail traders should know.

We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don’t know. But when something this big happens with RTX, it often means somebody knows something is about to happen.

Today, Benzinga’s options scanner spotted 18 options trades for RTX.

This isn’t normal.

The overall sentiment of these big-money traders is split between 55% bullish and 33%, bearish.

Out of all of the options we uncovered, there was 1 put, for a total amount of $76,500, and 17, calls, for a total amount of $695,082.

Projected Price Targets

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $40.0 to $210.0 for RTX during the past quarter.

Volume & Open Interest Trends

In terms of liquidity and interest, the mean open interest for RTX options trades today is 1306.54 with a total volume of 20,404.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for RTX’s big money trades within a strike price range of $40.0 to $210.0 over the last 30 days.

RTX Call and Put Volume: 30-Day Overview

Largest Options Trades Observed:

SymbolPUT/CALLTrade TypeSentimentExp. DateAskBidPriceStrike PriceTotal Trade PriceOpen InterestVolume

RTX
CALL
SWEEP
BULLISH
01/30/26
$1.5
$1.49
$1.5
$205.00
$140.1K
2.4K
2.0K

RTX
PUT
TRADE
BULLISH
02/20/26
$1.79
$1.53
$1.53
$170.00
$76.5K
814
503

RTX
CALL
TRADE
BULLISH
01/16/26
$151.55
$149.3
$151.55
$40.00
$75.7K
10
5

RTX
CALL
SWEEP
BULLISH
01/30/26
$1.37
$1.13
$1.25
$205.00
$47.3K
2.4K
4.3K

RTX
CALL
TRADE
BULLISH
01/30/26
$1.6
$1.53
$1.6
$205.00
$36.9K
2.4K
24

About RTX

RTX is an aerospace and defense manufacturer formed from the merger of United Technologies and Raytheon, with roughly equal exposure across three segments, mostly as a supplier to commercial aerospace and to the defense market: Collins Aerospace, a diversified aerospace supplier; Pratt & Whitney, a commercial and military aircraft engine manufacturer; and Raytheon, a defense prime contractor providing a mix of missiles, missile defense systems, sensors, hardware, and communications technology to the military.

Having examined the options trading patterns of RTX, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Current Position of RTX

• With a volume of 1,870,418, the price of RTX is up 1.43% at $191.19.
• RSI indicators hint that the underlying stock may be approaching overbought.
• Next earnings are expected to be released in 15 days.

What The Experts Say On RTX

In the last month, 2 experts released ratings on this stock with an average target price of $199.5.

• An analyst from JP Morgan persists with their Overweight rating on RTX, maintaining a target price of $200.
• Reflecting concerns, an analyst from UBS lowers its rating to Neutral with a new price target of $199.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements.