Semiconductor designerMarvell Technology (MRVL) is up 40 percent in the past year, returning more than double the S&P 500. One trader sees shares trending higher in the next two weeks. That’s based on the November 3 $53 calls, With 14 days until expiration, 5,037 contracts traded compared to a prior open interest of 109, for a 46-fold rise in volume on the trade. The buyer of the calls paid $1.15 to make the bullish bet. Shares recently traded for about $51.50, so shares would need to rise about $1.50, or about 3 percent, for the option to move in-the-money. Over the past thre...

Household product firmColgate-Palmolive (CL) is trading flat over the past year as consumer goods companies have sold off in recent weeks. One trader sees a strong rebound by the end of next spring. That’s based on the May 2024 $75 calls. With 211 days until expiration, 51,631 contracts traded compared to a prior open interest of 270, for a massive 191-fold jump in volume on the trade. The buyer of the calls paid $3.40. Shares recently traded for about $72, so shares would need to rise $3, or about 4 percent, for the option to move in-the-money. That’s still well under the stock’s 52...

Alzheimer’s disease treatment companyCassava Sciences (SAVA) dropped 15 percent on Monday. A leaked report suggests that the company may have manipulated data, and one trader is betting shares will continue to drop. That’s based on the November 17th $10 puts. With 30 days until expiration, 2,445 contracts traded compared to a prior open interest of 126, for a 19-fold rise in volume on the trade. The buyer of the puts paid $0.70. Shares recently traded at about $12.50 where they hit a 52-week low, so they would need to drop another $2.50, or about 20 percent, for the option to move in...

RetailerAbercrombie & Fitch (ANF) is having a banner year, with a 276 percent rally in shares. One trader sees that rally continuing in the weeks ahead. That’s based on the December 15 $80 calls. With 59 days until expiration, 2,309 contracts traded compared to a prior open interest of 112, for a 21-fold rise in volume on the trade. The buyer of the calls paid $1.05 to make the bullish bet. Shares recently traded for just over $60, so they would need to jump $20, or about 33 percent, for the option to move in-the-money. It would also mean soaring past the stock’s 52-week high of ...

Financial services leaderMorgan Stanley (MS) is trading flat over the past year, as the banking sector has been under pressure from higher interest rates and slow stock trading. One trader is betting shares will take a hit in the coming months. That’s based on the December 15 $60 puts. With 58 days until expiration, 9,965 contracts traded compared to a prior open interest of 162, for a 62-fold rise in volume on the trade. The buyer of the puts paid $0.27. Morgan Stanley shares recently traded for about $78, so the stock would need to drop $18, or nearly 27 percent, for the option to ...

Dialysis machine manufacturerBaxter International (BAX) is down nearly a third over the past year. Part of the recent selloff comes as new weight loss drugs have come onto the market. One trader is betting that shares have overreacted. That’s based on the January 2024 $35 calls. With 98 days until expiration, 6,917 contracts traded compared to a prior open interest of 205, for a 34-fold rise in volume. The buyer of the calls paid $1.50 to make the bullish bet. Shares recently traded for about $33 near their 52-week low, so they would need to rise just $2, or about 6 percent, for the ...

Data analytics firmPalantir Technologies (PLTR) is up nearly 120 percent over the past year. One trader is betting on a further rally for the stock going into next spring. That’s based on the May 2024 $23 calls. With 217 days until expiration, 4,027 contracts traded compared to a prior open interest of 110, for a 37-fold rise in volume on the trade. The buyer of the calls paid $2.06 to make the bullish bet. Shares recently traded just under $18, so they would need to rally $5, or about 28 percent, for the option to move in-the-money. That would also mark a new 52-week high, surpassin...

Oil and gas exploration companyCoterra Energy (CTRA) is down about 5 percent over the past year. One trader is betting on shares to rally in the months ahead. That’s based on the April 2024 $31 calls. With 191 days until expiration, 4,955 contracts traded compared to a prior open interest of 194, for a 25-fold rise in volume on the trade. The buyer of the calls paid $1.55 to make the bullish bet. Shares recently traded for about $28, so they would need to rise about $3, or about 11 percent for the option to move in-the-money. The strike price would also be near the company’s 52-week ...

Brazilian iron ore producerVale (VALE) is down nearly 12 percent over the past year, far underperforming global markets. One trader sees the potential for a big move higher in the coming months. That’s based on the March 2024 $15 calls. With 157 days until expiration, 50,444 contracts traded compared to a prior open interest of 2,009, for a 25-fold rise in volume on the option. The buyer of the calls paid $0.44 to make the bullish bet. Shares recently traded for about $13, so the stock would need to rise $2, or over 15 percent, for the option to move in-the-money. Such a move coul...

Beverage giantThe Coca-Cola Company (KO) is now flat over the past year, following a steep drop in shares in the past few trading days. One trader sees a small rebound for shares in the days ahead. That’s based on the October 20 $54 calls. With 11 days left until expiration, 6,269 contracts traded compared to a prior open interest of 245, for a 26-fold rise in volume on the trade. The buyer of the calls paid $0.42. Shares recently traded for just under $52.50, so they’d need to rise about $1.50, or about 3 percent, for the option to move in-the-money. Such a move is possible, give...