Robinhood Options Activity Surges to 1.99 Million Open Contracts, 108.51% Above 30-Day Average

1.99 million Robinhood (HOOD.US) options contracts remained open as of April 16th, exceeding the 30-day average by 108.51%. That figure reflects the number of outstanding positions not yet closed. The day’s total options trading volume was 475,290 contracts, with call options making up 76.06% of the activity. On the same day, 475,290 options contracts were traded, with call options accounting for 76.06% of the total. The most unusual trade of the day was a put option with an $82 strike price expiring in April 2027, with 5,929 contracts traded. That trade represented $177,870 in turnover. The most active contract of the day had 116,370 contracts traded and closed at $0.34.