Redwood Trust, Inc. (RWT) Volume & Open Interest
Volume and open interest by strike show where trading activity and outstanding positions are concentrated. Clusters of OI often act as support and resistance levels.
Redwood Trust, Inc. (RWT) operates in the Real Estate sector, specifically the REIT - Mortgage industry, with a market capitalization near $668.7M, listed on NYSE, employing roughly 283 people, carrying a beta of 1.45 to the broader market. Redwood Trust, Inc. Led by Christopher J. Abate, public since 1995-08-04.
Snapshot as of May 29, 2026.
- Spot Price
- $5.42
- Total Volume
- 11
- Total OI
- 8.4K
- Call OI
- 3.1K
- Put OI
- 5.2K
- Gamma Concentration
- 0.40
As of May 29, 2026, Redwood Trust, Inc. (RWT) has 11 contracts traded today against 8.4K contracts outstanding. Open interest breaks down as 3.1K calls and 5.2K puts. Turnover ratio is 0.00: typical maintenance flow relative to existing positions. Gamma concentration is 0.40: open interest is more distributed across strikes. Comparing today's volume to accumulated open interest reveals whether flow is opening new positions or closing existing ones, with heavy OI strikes often acting as support and resistance.
How RWT volume & open interest Data Feeds Strategy Selection
Strategy selection on Redwood Trust, Inc. options does not derive from any single metric in isolation. The volume & open interest view above sits inside a broader read: ATM IV currently sits at 261.1% and dealer gamma exposure is negative, so dealer hedging amplifies directional moves. Combine the volume & open interest data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.
How to read the RWT volume and OI data
The two-panel chart above splits Redwood Trust, Inc. contract activity into volume (daily flow) and open interest (cumulative inventory) per strike. The per-strike grid table beneath gives the precise numbers for the densest 30 strikes. Current put/call ratio is 0.00, call-heavy - speculative or bullish positioning dominates. Total call OI of 3.1K versus put OI of 5.2K gives a put/call OI ratio of 1.66 - structurally a slower-moving signal than the volume-based ratio.
RWT flow vs positioning
Volume tells you what flows happened today; OI tells you what positions accumulated. Both can move in opposite directions: rising volume with falling OI means contracts are being closed (covering); rising volume with rising OI means new positions are being opened. The combination matters more than either alone for reading sentiment. The per-strike grid distinguishes the strikes attracting flow today from the strikes carrying accumulated inventory - high volume at strikes that also carry high OI typically means rolling activity (closing front-month, opening longer-dated), high volume at low-OI strikes typically means fresh directional positioning. Combined with the current negative dealer-gamma regime, large OI clusters tend to act as price repellents that accelerate moves through key strikes.
Using RWT OI/volume data alongside other surfaces
Per-strike OI is the input to dealer-gamma calculations: strikes with elevated call OI generate gamma walls that dealers must hedge into as spot approaches them. The gamma-exposure page combines this distribution with the dealers' assumed-long-gamma assumption to project hedge flow. Volume cross-checks recent positioning shifts in the chain that haven't yet shown up in cumulative OI. Pair both with the term-structure view on the volatility page to determine whether the activity is concentrated in near-dated event hedging or longer-dated structural positioning. Front-month expiration for RWT sits at 20 days, so near-dated volume currently dominates the flow reading.
Learn how volume and open interest is reported and how to read the data →
RWT volume and open interest per strike
Per-strike grid aggregated from the top-ranked contracts in the institutional-grade nightly options scan, sorted by combined activity (volume + OI) descending. Capped at 2 rows.
| Strike | Call Volume | Put Volume | Call OI | Put OI |
|---|---|---|---|---|
| $6.00 | 0 | 0 | 1.6K | 1.2K |
| $5.00 | 0 | 0 | 309 | 459 |
RWT highest open-interest contracts
| Type | Strike | Expiration | Volume | OI | IV | Bid | Ask |
|---|---|---|---|---|---|---|---|
| CALL | $6.00 | Oct 16, 2026 | 0 | 1.6K | 690.6% | $0.10 | $0.50 |
| PUT | $6.00 | Oct 16, 2026 | 0 | 1.2K | 690.6% | $0.70 | $1.40 |
| CALL | $5.00 | Oct 16, 2026 | 0 | 309 | 397.2% | $0.20 | $0.90 |
| PUT | $5.00 | Oct 16, 2026 | 0 | 459 | 397.2% | $0.25 | $0.45 |
Top 4 contracts from the institutional-grade nightly options scan; ranked by oi within the broader S&P 500/400/600 + ETF universe.
Frequently asked RWT volume & open interest questions
- What is the RWT options turnover ratio?
- As of May 29, 2026, RWT turnover ratio is 0.00 (11 contracts traded against 8.4K contracts outstanding). A turnover ratio below 0.5 is typical maintenance flow against existing positions.
- Where is RWT open interest concentrated?
- Gamma concentration is 0.40: open interest is more distributed across strikes, reducing any single-strike pinning force. The full per-strike open-interest distribution is visible in the chain view.
- Why does volume-open-interest matter for RWT options?
- Volume tells you what is being traded today; open interest tells you what was already there. The combination separates opening flow (today's volume building new positions) from closing flow (today's volume unwinding existing ones), and locates the strikes that carry hedging-driven support or resistance based on dealer-gamma concentration.