Bioplastics producerDanimer Scientific (DNMR) is down about 25 percent over the past year. One trader sees a potential rebound in next two months. That’s based on the August $4 calls. With 63 days until expiration, 10,001 contracts traded compared to a prior open interest of 116, for an 86-fold rise in volume on the trade. The buyer of the calls paid $0.25 to make the bullish bet. Shares recently went for about $3.00, so the stock would need to rise by $1.00, or 33 percent, for the options to move in-the-money. Given that shares have had a similar jump higher earlier this year, such ...

Uranium producerCameco (CCJ) just broke through to a new 52-week high. One trader is betting the rally will continue in the coming months. That’s based on the September $37 calls. With 91 days until expiration, 20,433 contracts traded compared to a prior open interest of 151, for a 135-fold jump higher in trading volume. The buyer of the calls paid $0.85 to make the bullish bet. Shares recently traded for about $31.50, so the stock would need to rise $5.50, or about 17 percent for the option to move in-the-money. Given the stock’s 43 percent rally in the past year, and how commodi...

Regional bankKeycorp (KEY) is down nearly 40 percent over the past year, as banking stocks have been out of favor with the market. One trader sees the potential for another big drop by the end of the year. That’s based on the December $6 puts. With 184 days until expiration, 5,128 contracts traded compared to a prior open interest of 195, for a 26-fold rise in volume on the trade. The buyer of the calls paid $0.40. Shares recently traded for about $10, so a drop to $6 would mean a decline of $4, or a 40 percent drop in price from here. That strike price is well under the stock’s 52-w...

Building product and systems manufacturerJohnson Controls International (JCI) has moved 22 percent higher in the past year. One trader sees further upside ahead for shares in the next three months. That’s based on the October $67.50 calls. With 129 days until expiration, 11,121 contracts traded compared to a prior open interest of 114, for a 98-fold jump in volume in the past year. The buyer of the calls paid $2.00 to make the bullish bet. Shares recently traded for about $63.50, so the stock would need to rise $4, or about 6.3 percent, for the option to move in-the-money. The strike...

Retail game storeGameStop (GME) dropped following the announcement that the company CEO was departing. One trader sees shares rebounding from that drop in the coming days. That’s based on the June 30 $22 calls. With 17 days until expiration, 10,388 contracts traded compared to a prior open interest of 250, for a 42-fold rise in volume on the trade. The buyer of the calls paid $1.29 to make the bullish bet. Shares last traded around $21.50, so shares would need to rise less than 3 percent to move in-the-money. The strike price is still well under the company’s 52-week high of $47.99. ...

Metaverse gaming companyRoblox (RBLX) has been a solid performer, with shares up 26 percent over the past year. One trader is betting on shares giving up some of their gains in the coming weeks. That’s based on the June 30 $36 puts. With 21 days until expiration, 3,063 contracts traded compared to a prior open interest of 127, for a 24-fold rise in volume on the trade. The buyer of the puts paid $0.79 to make the bearish bet. Shares recently traded for just under $39, so the stock would need to drop by $3, or just over 8 percent, for the options to move in-the-money. Roblox is up ...

Database firmOracle (ORCL) has been a strong tech performer, with shares up 47 percent over the past year. One trader sees that trend continuing in the short term. That’s based on the June 30th $115 calls. With 21 days until expiration, 9,417 contracts traded compared to a prior open interest of 197, for a 48-fold rise in volume on the trade. The buyer of the calls paid $1.18 to make the bullish bet. Shares recently traded for about $107, so they would need to rise about $8, or 7 percent, for the option to move in-the-money. With a 52-week high of $107.60, and just a few weeks for th...

Cybersecurity companyRapid7 (RPD) has had a 30 percent drop over the past year. One trader sees a strong rebound in the coming weeks. That’s based on the July $60 calls. With 40 days until expiration, 10,579 contracts traded compared to a prior open interest of 111, for a 95-fold rise in volume on the trade. The buyer of the calls paid $0.95 to make the bullish bet. Shares recently traded just over $47, so they would need to rise $13, or about 28 percent, for the option to move in-the-money. The strike price is still well under Rapid7’s 52-week high of $74.88. Rapid7 has been tren...

Chemical manufacturerDow (DOW) is down over 25 percent in the past year. One trader sees a rebound ahead in the coming weeks. That’s based on the June 30th $53 calls. With 24 days until expiration, 18,807 contracts traded compared to a prior open interest of 111, for a 169-fold jump in volume on the trade. The buyer of the calls paid $0.70 to make the bullish bet. Shares recently traded for just over $51.50, so the stock would need to rise less than $1.50, or about 3 percent, for the option to move in-the-money. The stock did hit a 52-week low of $42.91 recently before starting to re...

Semiconductor companyMicron Technology (MU) has seen shares rally 40 percent from their December lows, and are on track to erase the last 10 percent drop they’ve seen over the past year. One trader is betting on such a continued move higher. That’s based on the August $72.50 calls. With 74 days until expiration, 8,564 contracts traded compared to a prior open interest of 184, for a 47-fold rise in volume on the trade. The buyer of the calls paid $3.95. Shares recently went for about $69 per share, so the option is just slightly out-of-the-money. Shares have a 52-week high of $75.41. ...