Computer component manufacturer Super Micro Computer (SMCI) was a darling stock in the early part of 2024, only to see shares slide heavily. Now, shares are on the rebound and one trader sees further upside ahead. That’s based on the April $57 calls. With 55 days until expiration, 27,443 contracts have traded compared to a prior open interest of 701, for a 39-fold rise in volume on the trade. The buyer of the calls paid $16.70 to make the bullish bet. Super Micro Computer shares recently traded for about $62, making the option already about $5.00 in-the-money. Shares have nearly doub...

Online brokerage firm Robinhood Markets (HOOD) has been on a tear, with shares up over 350% in the past year. Shares recently declined on an analyst downgrade, but one trader sees the stock soaring higher. That’s based on the June $100 calls. With 84 days until expiration, 3,902 contracts traded compared to a prior open interest of 127, for a 31-fold rise in volume on the trade. The buyer of the calls paid $0.85 to make the bullish bet. Robinhood shares last traded in the low-$60 range, so the stock would need to rally by about $40, or 66%, for the options to move in-the-money. The s...

Used vehicle dealership Carvana (CVNA) is up a massive 450% over the past year. One trader sees shares soaring even higher in the months ahead. That’s based on the May $360 calls. With 85 days until expiration, 17,362 contracts traded compared to a prior open interest of 106, for a massive 164-fold rise in volume on the trade. The buyer of the calls paid $15.50 to make the bullish bet. Carvana shares recently traded at $285, so shares would need to rise by $75, or about 26%, for the options to move in-the-money. Carvana just hit a new 52-week high, but still remains below its all-...

Bitcoin mining company Riot Platforms (RIOT) is up 18% year-to-date, beating the overall market and performing strongly as cryptocurrency prices rise. One trader sees shares trending higher in the months ahead. That’s based on the May $22 calls. With 87 days until expiration, 20,174 contracts traded compared to a prior open interest of 736, for a 27-fold rise in volume on the trade. The buyer of the calls paid $0.37 to make the bullish bet. Riot shares recently traded for about $12, meaning the stock would need to rally by $10, or a massive 83% for the stock to move in-the-money. The...

Cloud services and analytics company Teradata Corporation (TDC) is down 35% in the past year, with shares taking a dive after earnings last week. One trader sees a rebound in the months ahead. That’s based on the April $30 calls. With 59 days until expiration, 3,748 contracts traded compared to a prior open interest of 115, for a 33-fold rise in volume on the trade. The buyer of the calls paid $0.30 to make the bullish bet. Teradata shares recently traded for just under $25, so the stock would need to rally by $5, or 20%, for the option to move in-the-money. Teradata shares sit right...

Chipmaker Intel (INTC) is down 52% over the past year as the company has failed to capitalize on demand for chips that can power the AI revolution. One trader sees shares trending lower in the weeks ahead. That’s based on the March 14 $22 puts. With 28 days until expiration, 10,107 contracts traded compared to a prior open interest of 102, for a 99-fold rise in volume on the trade. The buyer of the puts paid $1.22 to make the bearish bet. Intel shares recently popped higher to just over $22 on bullish news about U.S chip production, making this an at-the-money trade. Intel hit a 52-w...

Hotel owner and operator Marriott (MAR) dropped nearly 5% after slightly missing on its earnings. One trader sees a rebound in the months ahead. That’s based on the June $270 calls. With 127 days until expiration, 12,244 contracts traded compared to a prior open interest of 135, for a 91-fold rise in volume on the trade. The buyer of the calls paid $30.80 to make the bullish bet. Marriott shares recently traded for about $290, meaning the $270 calls are already $20 in-the-money. The strike price of the option is slightly off Marriott’s 52-week high of $307.52. Despite the decline ...

Satellite communications company AST SpaceMobile (ASTS) shares are up over 800% in the past year and are still in a strong uptrend. One trader sees shares pulling back in the coming months. That’s based on the April $30 puts. With 64 days until expiration, 9,034 contracts traded compared to a prior open interest of 102, for an 89-fold rise in volume on the trade. The buyer of the puts paid $5.35 to make the bearish bet. ASTS shares recently popped higher to just over $31, meaning shares would need to decline about 3% for the option to move in-the-money. While the stock has popped hig...

Steel producer Cleveland Cliffs (CLF) slid over 45% in the past year, as low-cost global steel operators have been more profitable in today’s environment. One trader sees a massive bounce higher by year-end. That’s based on the December 2025 $15 calls. With 311 days until expiration, 55,830 contracts traded compared to a prior open interest of 2,301, for a 24-fold rise in volume on the trade. The buyer of the calls paid $0.90 to make the bullish bet. Cleveland Cliffs shares traded just over $10, so the stock would need to rise by nearly $5, or 50%, for the option to move in-the-money...

Hotel operator Hilton Worldwide Holdings (HLT) is up over 30% in the past year, far outpacing the overall stock market. One trader sees shares trending even higher into the summer. That’s based on the June $250 calls. With 131 days until expiration, 28,550 contracts traded compared to a prior open interest of 186, for a massive 153-fold rise in volume on the trade. The buyer of the calls paid $30.50 to make the bullish bet. Hilton shares recently traded for about $270, meaning the call options are already about $20 in-the-money. Hilton just broke to a new 52-week high following earni...