Financial giants have made a conspicuous bullish move on Rio Tinto. Our analysis of options history for Rio Tinto RIO revealed 9 unusual trades.
Delving into the details, we found 55% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $281,808, and 3 were calls, valued at $141,460.
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 $55.0 and $70.0 for Rio Tinto, spanning the last three months.
Volume & Open Interest Trends
In today's trading context, the average open interest for options of Rio Tinto stands at 486.11, with a total volume reaching 963.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Rio Tinto, situated within the strike price corridor from $55.0 to $70.0, throughout the last 30 days.
Rio Tinto Option Activity Analysis: Last 30 Days
Significant Options Trades Detected:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
RIO | PUT | SWEEP | BULLISH | 01/16/26 | $4.2 | $1.5 | $4.0 | $55.00 | $103.6K | 950 | 259 |
RIO | CALL | TRADE | BEARISH | 01/15/27 | $5.3 | $4.9 | $4.9 | $70.00 | $87.2K | 89 | 178 |
RIO | PUT | TRADE | BULLISH | 06/20/25 | $2.55 | $2.4 | $2.4 | $55.00 | $42.7K | 59 | 178 |
RIO | PUT | SWEEP | NEUTRAL | 01/17/25 | $8.3 | $8.1 | $8.18 | $70.00 | $40.9K | 2.0K | 50 |
RIO | PUT | SWEEP | BEARISH | 03/21/25 | $4.6 | $4.5 | $4.6 | $62.50 | $38.1K | 202 | 109 |
About Rio Tinto
Rio Tinto is a global diversified miner. Iron ore is the dominant commodity, with significantly lesser contributions from copper, aluminum, diamonds, gold, and industrial minerals. The 1995 merger of RTZ and CRA, via a dual-listed structure, created the present-day company. The two operate as a single business entity, with shareholders in each company having equivalent economic and voting rights. Major assets included the Pilbara iron ore operations, a 30% stake in the Escondida copper mine, 66%-ownership of the Oyu Tolgoi copper mine in Mongolia, the Weipa and Gove bauxite mines in Australia, and six hydro-powered aluminum smelters in Canada.
After a thorough review of the options trading surrounding Rio Tinto, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Where Is Rio Tinto Standing Right Now?
- Currently trading with a volume of 1,323,138, the RIO's price is up by 1.74%, now at $62.04.
- RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
- Anticipated earnings release is in 93 days.
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If you want to stay updated on the latest options trades for Rio Tinto, Benzinga Pro gives you real-time options trades alerts.
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