Hi @Rich and @Juanito,
I double checked and the error is
traceroute: NO OPT x!
including the capitals. I couldn't find anything on Google that matches this error.
I tested with -I and -T option, but these are ignored as these options are not supported. I also tested with and without sudo, with the same result.
I'm using the busybox version, traceroute --help returns:
BusyBox v1.33.0 (2021-01-17 14:53:59 UTC) multi-call binary.
I very briefly tried to find the source code of BusyBox to do a text search for the error and find out what triggers it. I'll put some more effort in it, as it doesn't seem to be a very obvious issue.