Base metals mining companyBHP Group (BHP) has traded flat over the past year. One trader sees shares trending higher in the coming weeks. That’s based on the July $62.50 calls. With 58 days until expiration, 47,106 contracts traded compared to a prior open interest of 702, for a 67-fold rise in volume on the trade. The buyer of the calls paid $1.70 to make the bullish bet. BHP shares recently traded for about $60. So shares would need to rise by about $2.50, or 4.1%, for the option to move in-the-money. That’s well within BHP’s trading range over the past year, given its 52-week high...

Gold miner and explorerNewmont Mining (NEM) is trending higher, but shares are still down 5% over the past year. One trader is betting the stock will break higher in the next 18 months. That’s based on the January 2026 $65 calls. With 609 days until expiration, 5,016 contracts traded compared to a prior open interest of 136, for a 37-fold rise in volume on the trade. The buyer of the calls paid $2.82 to make the bullish bet. Newmont shares recently traded for about $43. So the stock would need to rise by $22, or 51%, for the option to move in-the-money. It’s also well over the stock’...

Credit card providerMastercard (MA) is up 20% over the past year, just slightly underperforming the overall stock market. One trader sees shares trending higher in the coming months. That’s based on the July $475 calls. With 64 days until expiration, 8,589 contracts traded compared to a prior open interest of 133, for a 65-fold rise in volume on the trade. The buyer of the calls paid $4.50 to make the bullish bet. Mastercard shares recently traded for about $454. So shares would need to rise $21, or about 4.6%, for the option to move in-the-money. The strike price is still under Mast...

Brazilian-based oil giantPetroleo Brasiliero (PBR) is having a strong year, with shares up 46%. One trader sees shares pulling back in the second half of the year. That’s based on the January 2025 $15 puts. With 247 days until expiration, 15,005 contracts traded compared to a prior open interest of 197, for a 76-fold rise in volume on the trade. The buyer of the puts paid $1.21 to make the bullish bet. PBR shares recently traded just over $17, so the stock would need to fall just over $2, or just over 12%, for the options to move in-the-money. PBR has been trending back to its 52-wee...

Commerce platformShopify (SHOP) fell last week following earnings. As a result, shares are now trading flat over the past year. One trader is betting shares will rebound from the earnings drop in the months ahead. That’s based on the September $120 calls. With 129 days until expiration, 12,376 contracts traded compared to a prior open interest of 444, for a 28-fold rise in volume on the trade. The buyer of the calls paid $0.14 to make the bullish bet. Shopify shares recently traded for just under $60, so the stock would need to double for the options to move in-the-money. It would al...

Health diagnostics companyExact Sciences Corp (EXAS) is down nearly 25% in the past year. One trader is betting on a further decline in the coming weeks. That’s based on the June $50 puts. With 38 days until expiation, 2,758 contracts traded compared to a prior open interest of 108, for a 25-fold rise in volume on the trade. The buyer of the puts paid $1.46 to make the bearish bet. Exact shares recently traded for about $54, so the stock would need to drop about 7.5% for the option to move in-the-money. Exact is also trading close to its 52-week low of $52.25. The company has had ...

Drug manufacturerTeva Pharmaceutical (TEVA) has been on a tear, with shares soaring 67% over the past year. One trader sees shares continuing higher into the autumn. That’s based on the September $18 calls. With 133 days until expiration, 7,964 contracts traded compared to a prior open interest of 171, for a 47-fold rise in volume on the trade. The buyer of the calls paid $0.71 to make the bullish bet. Teva shares recently soared to a 52-week high just under $16 following its latest earnings. So shares would need to rally another $2, or 12.5%, for the option to move in-the-money. ...

Electric utilityNextEra Energy (NEE) is down 5% over the past year, but is surging higher from well off its lows. One trader sees shares continuing to rise over the next 13 months. That’s based on the June 2025 $80 calls. With 407 days until expiration, 4,685 contracts traded compared to a prior open interest of 109, for a 43-fold rise in volume on the trade. The buyer of the calls paid $4.90 to make the bullish bet. NextEra recently traded for about $71.50, meaning shares would need to rise $8.50, or about 12%, for the option to move in-the-money. That’s well over the stock’s 52-wee...

Retail giantWalmart (WMT) is up 17% in the past year, slightly underperforming the overall market. One trader sees shares pulling back by the end of the month. That’s based on the May 31 $59 puts. With 23 days until expiration, 6,514 contracts traded compared to a prior open interest of 154, for a 42-fold rise in volume on the trade. The buyer of the puts paid $1.23 to make the bearish bet. Shares recently traded for just under $60, meaning the stock has to decline less than $1 or less than 2% for the option to move in-the-money. Walmart trades near its 52-week high of $61.65, but...

Bitcoin mining companyMarathon Digital Holdings (MARA) is up 62% over the past year as bitcoin prices have trended higher. One trader expects shares to drop considerably in the coming months. That’s based on the September $5.00 puts. With 136 days until expiration, 5,008 contracts traded compared to a prior open interest of 196, for a 26-fold rise in volume on the trade. The buyer of the puts paid $0.15 to make the bearish bet Marathon recently traded for about $17.50. So the stock would need to slide by $12.00, or over 70%, in just over four months. Shares would also need to brea...