Whales with a lot of money to spend have taken a noticeably bearish stance on RTX.

Looking at options history for RTX (NYSE:RTX) we detected 10 trades.

If we consider the specifics of each trade, it is accurate to state that 30% of the investors opened trades with bullish expectations and 70% with bearish.

From the overall spotted trades, 5 are puts, for a total amount of $170,875 and 5, calls, for a total amount of $349,029.

Expected Price Movements

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $125.0 to $210.0 for RTX over the last 3 months.

Volume & Open Interest Trends

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for RTX's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across RTX's significant trades, within a strike price range of $125.0 to $210.0, over the past month.

RTX 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
RTX	CALL	TRADE	BULLISH	04/17/26	$6.7	$6.4	$6.63	$200.00	$132.6K	541	385
RTX	CALL	SWEEP	BEARISH	03/06/26	$15.0	$13.05	$13.05	$185.00	$120.0K	1	92
RTX	PUT	TRADE	BEARISH	01/21/28	$30.95	$27.85	$30.0	$200.00	$45.0K	38	15
RTX	CALL	TRADE	BULLISH	01/21/28	$38.5	$36.75	$38.5	$190.00	$38.5K	114	10
RTX	PUT	SWEEP	BEARISH	03/06/26	$4.85	$4.45	$4.45	$195.00	$36.6K	109	157

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

RTX's Current Market Status

• With a volume of 2,674,155, the price of RTX is down -1.37% at $198.56.
• RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
• Next earnings are expected to be released in 55 days.

What Analysts Are Saying About RTX

Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $222.75.

• Consistent in their evaluation, an analyst from JP Morgan keeps a Overweight rating on RTX with a target price of $215.
• Maintaining their stance, an analyst from Citigroup continues to hold a Buy rating for RTX, targeting a price of $238.
• An analyst from RBC Capital has decided to maintain their Outperform rating on RTX, which currently sits at a price target of $230.
• Maintaining their stance, an analyst from UBS continues to hold a Neutral rating for RTX, targeting a price of $208.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.