Department store chainKohl’s Corporation (KSS) is down nearly 30 percent over the past year. One trader sees shares declining further in the weeks ahead. That’s based on the November $17.50 puts. With 44 days until expiration, 10,126 contracts traded compared to a prior open interest of 138, for a 73-fold rise in volume on the trade. The buyer of the puts paid $0.45 to make the bearish bet. Kohl’s shares recently traded for about $20, so they would need to drop $2.50, or about 13 percent, for the trade to move in-the-money. The strike price is also right near the stock’s 52-week low ...

Casino operatorLas Vegas Sands (LVS) is down about 30 percent from its April highs. One trader sees shares recovering from its recent selloff in the months ahead. That’s based on the December $45 calls. With 70 days until expiration, 28,279 contracts traded compared to a prior open interest of 641, for a 44-fold surge in volume on the trade. The buyer of the calls paid $3.02 to make the bullish bet. Shares recently traded just under $45, making this an at-the-money trade. If the stock goes to its old highs, it would return over 40 percent. Despite the recent selloff in the markets, L...

Brokerage firmThe Charles Schwab Corporation (SCHW) has seen shares drop about 25 percent over the past year. One trader is betting on a long-term rebound. That’s based on the March 2024 $80 calls. With 163 days until expiration, 5,744 contracts traded compared to a prior open interest of 248, for a 23-fold rise in volume on the trade. The buyer of the calls paid $0.24 to make the bullish bet. Shares recently traded for about $53.50, so shares would need to rally nearly 50 percent for the option to move in-the-money. Schwab would also need to rally close to its 52-week high of $86.63...

Clothing retailerThe Gap (GPS) has outperformed the market this year, with a 30 percent gain. One trader sees shares pulling back in the next few weeks. That’s based on the October 20 $10.50 puts. With 17 days until expiration, 16,663 contracts traded compared to a prior open interest of 432, for a 39-fold rise in volume on the trade. The buyer of the puts paid $0.50 to make the bearish be Shares recently traded at about $10.50, so the stock would need to drop about 5 percent for the put options to move in-the-money. That strike price is still well over the stock’s 52-week low of $7....

Shares of media giantThe Walt Disney Company (DIS) have sunk to a 52-week low near $80 per share. One trader sees the potential for a rebound in the weeks ahead. That’s based on the November 3 $82 calls. With 32 days until expiration, 13,519 contracts traded compared to a prior open interest of 463, for a 29-fold rise in volume on the trade. The buyer of the calls paid $2.05 to make the bullish bet. With Disney stock going for $80, a rise to $82 would be about a 2.5 percent increase. That still leaves shares well under their 52-week high of $118.18. The company has struggled with ...

Shares of cell tower REITAmerican Tower Corporation (AMT) hit a 52-week low on Wednesday. One trader is betting on a rebound in the weeks ahead. That’s based on the October 20 $165 calls. With 21 days until expiration, 7,796 contracts traded compared to a prior open interest of 141, for a 55-fold rise in volume on the trade. The buyer of the calls paid $2.60 to make the bullish bet. Shares recently traded for about $160, so shares would need to rise about $5, or just over 3 percent, for the option to move in-the-money. American Tower has dropped 26 percent in the past year, amid r...

Shares ofAmerican Airlines (AAL) have recently slumped to a six-month low, having lost nearly one-third of their value since July. One trader is betting on a further decline in the weeks ahead. That’s based on the October 27 $11.50 puts. With 29 days until expiration, 20,041 contracts traded compared to a prior open interest of 728, for a 28-fold rise in volume on the trade. The buyer of the puts paid $0.24 to make the bearish bet. Shares recently dropped to about $12.70, so they would need to drop about $1.20, or nearly 10 percent more, for the trade to move in-the-money. Such a ...

Healthcare facility real estate investment trust (REIT)Medical Properties Trust (MPW) has lost over half its value in the past year amid rising interest rates. One trader sees further downside in the weeks ahead. That’s based on the November $4 puts. With 51 days until expiration, 50,467 contracts traded compared to a prior open interest of 596, for an 85-fold rise in volume on the trade. The buyer of the puts paid $0.25 to make the bearish bet. Shares recently traded for about $5.30, so the stock would need to lose another 25 percent of its value in the coming weeks for the trade to...

Retail chainTJX Companies (TJX) is up nearly 50 percent over the past year, although the stock has come down in the past few weeks. One trader sees a strong rebound in the coming weeks. That’s based on the October $96 calls. With 24 days left until expiration, 20,393 contracts traded compared to a prior open interest of 235, for an 87-fold rise in volume on the trade. The buyer of the calls paid $0.12 to make the bullish bet. Shares recently traded for about $89, so they would need to rise $7, or about 8 percent, for the option to move in-the-money. That would also mean shares moving...

Big data firmPalantir Technologies (PLTR) has doubled over the past year, but shares are well off their highs and have slid in recent weeks. One trader sees further weakness ahead. That’s based on the October $12.50 puts. With 25 days until expiration, 9,233 contracts traded compared to a prior open interest of 148, for a 62-fold rise in volume on the trade. The buyer of the puts paid $0.29 to make the bearish bet. Shares recently traded for about $14.00. So they’d need to drop about $1.50, or just over 10 percent, for the options to move in-the-money. Such a move is possible, giv...