RBBN Unusual Options Activity - Ribbon Communications

AI summary

On May 29, 2026, Ribbon Communications Inc. (RBBN) saw notable options activity with a single print recorded. The transaction involved a call option with a strike price of $2.50, expiring on July 17, 2026, and the premium for this call was $140,700. The volume to open interest ratio for this option was 3.1, indicating a relatively active trading interest compared to existing open positions. There were no put options traded during this session, highlighting a clear preference for calls among participants. This marked the first active day for RBBN options in the past 30 days, suggesting a potential shift in market sentiment or interest in the underlying stock.

AI-generated summary