Shares of office real estate investment trust (REIT)Boston Properties (BXP) have generally been rising over the past few months. One trader sees a continued rally in shares. That’s based on the November $130 calls. With just over 4 months until expiration, 5,000 contracts traded against a prior open interest of 138, for a 36-fold rise in volume. The buyer of the calls paid about $2.20 for the trade. With shares around $117, they would need to rise $13, or about 11 percent to move in-the-money at the time of expiration. That’s a somewhat large move for a REIT in the timeframe, but a p...

Shares of online travel agencyExpedia Group (EXPE) has been trending down slightly in recent months as the market has largely priced in the reopening trade. However, one trader sees shares moving higher in the coming months. That’s based on the November $165 calls. Expiring in 129 days, over 12,810 contracts traded against a prior open interest of 205, for a 62-fold rise in volume. The buyer of the calls paid about $14.40 on average to make the trade. With shares around $162, they’re just slightly out-of-the-money, and well under the 52-week high for shares of $188. While the comp...

Shares of digital advertising firmThe Trade Desk (TTD) have been trending higher in the past few weeks after a longer-term slump. One trader sees the shares continuing higher. That’s based on the October 15 $75 calls. With 98 days until expiration, over 41,150 contracts traded, a 154-fold jump in volume from the prior open interest of 260. The buyer of the call paid about $10.25 to make the trade. Shares last traded north of $77.50, putting the call options about $2.50 in-the-money already. Shares have traded as high as $97 in the past year, so on a return to that prior high, the opt...

Shares of ecommerce platformNewegg Commerce (NEGG) traded in a narrow range for the past few months, before exploding more than 300 percent higher in recent sessions. One trader expects that move higher to continue in the next few days. That’s based on the July 16 $30 calls. With 8 days until expiration, over 3,140 contracts traded against a prior open interest of 112 for a 28-fold jump in volume. In recent sessions shares have jumped from around $10 to about $62. The $30 call represents a deep in-the-move option following shares moving over 100 percent higher on Wednesday amid multi...

Shares of beverage firmKeurig Dr Pepper (KDP) have been trading in a narrow range over the past few months. One trader sees the potential for a further move higher in shares in the coming months. That’s based on two different option trades with unusual activity. The most interesting is the October $36 calls. With about 100 days until expiration, over 10,912 contracts traded, a 70-fold jump in volume from the prior open interest of 157 contracts. Shares are trading for around $35, against a 52-week high of $37, so the strike price on these options are at about a halfway point. The buy...

Shares of media giantDiscovery (DISCA) surged higher at the start of the year, then imploded as a hedge fund blew up. In recent sessions, shares have started to trend higher. One trader is betting that the rally will continue. That’s based on the August $37.50 calls. Over 33,660 contracts traded against a prior open interest of 234, for a 144-fold jump in volume. The buyer of the calls paid about $0.58 to make the trade. With shares trading just over $31, a move to $37.50 is about a 20 percent move higher. That’s a bit steep for a trade with just under two months to play out, but if ...

Shares of oil and gas equipment giantHalliburton Company (HAL) have been trending higher with the price of oil over the past few months. One trader sees the potential for a big jump higher in the coming months. That’s based on the September $28 calls. Expiring in 74 days, over 46,640 contracts recently traded, a massive 259-fold jump in volume from the prior open interest of 180 contracts. The buyer of the call options paid about $0.70 to make the trade. With shares just under $24, they’d need to rally nearly 20 percent to move in-the-money by expiration. That would also entail share...

Shares of semiconductor firmAdvanced Micro Devices (AMD) have seen a strong rally in the past few weeks. One trader sees that trend continuing through the end of the month. That’s based on the July 30 $110 calls. With 28 days until expiration, over 7,190 contracts traded against an open interest of 268, for a 27-fold jump in volume. The buyer of the calls paid $1.04 to make the trade. With shares around $94, they’d need to rise $16 or about 20 percent in order for the options to close in-the-money at expiration. Given that the company is in an uptrend. It also reports earnings right ...

Shares of home improvement retailerHome Depot (HD) slid to around $300 per share in recent weeks before starting a strong bounce higher. One trader sees that trend continuing into the next week. That’s based on the July 9 $330 calls. Over 14,880 contracts traded against a prior open interest of 136, for a 109-fold surge in volume. The buyer of the calls paid about $0.68. With shares around $318, they would need to rise another 4 percent in a week in order for the trade to have any value at expiration. The home improvement retailer has fared well in the past year thanks to higher s...

Shares of travel booking firmExpedia (EXPE) have been trading in a range for the past few months, but saw a drop to the bottom of their range on Monday. One trader sees the opportunity for a strong rebound in the months to come. That’s based on the November $180 calls. With 142 days until expiration, over 13,894 contracts traded hands, a 121-fold jump in volume from the prior open interest of 115. The buyer of the calls paid about $13.80 to make the trade. The buy comes as shares dove under $170 to around $165 per share, and are off from a 52-week high of $188 per share. However, sha...