Packaged food giant Mondelez International (MDLZ) is down 23% over the past year. One trader sees the downtrend continuing in the first half of 2025. That’s based on the June $47.50 puts. With 133 days until expiration, 2,150 contracts traded compared to a prior open interest of 120, for an 18-fold rise in volume on the trade. The buyer of the puts paid $0.75 to make the bearish bet. Mondelez shares recently traded around $56.60, after setting a new 52-week low of $54.12. While Mondelez managed to grow its revenues by about 2% last year, overall earnings declined by 13%, reflectin...

Big data giant Palantir Technologies (PLTR) soared over 20% following an earnings beat earlier this week. One trader sees the jump higher fizzling out over the coming weeks. That’s based on the March $105 puts. With 43 days until expiration, 2,916 contracts traded compared to a prior open interest of 124, for a 24-fold rise in volume on the trade. The buyer of the puts paid $9.67 to make the bearish bet. Palantir shares recently soared to around $105, making this an at-the-money trade. Shares are at a new 52-week high after soaring over 500% in the past year. Operationally, Palant...

Gold producer Alamos Gold (AGI) is up 70% over the past year, far outperforming the S&P 500. One trader sees the potential for a pullback this year. That’s based on the November 2025 $18 puts. With 289 days until expiration, 6,001 contracts traded compared to a prior open interest of 108, for a 56-fold rise in volume on the trade. The buyer of the puts paid $0.97 to make the bullish bet. Alamos has had a fantastic year, with earnings up a massive 115%, and revenues up 41%, thanks in part to strong production and higher gold prices overall. Shares are right at their 52-week high, ...

Regional airliner JetBlue (JBLU) sank over 20% following earnings last week. One trader is betting that the bounce higher already will continue in the weeks ahead. That’s based on the February 21 $7.50 calls. With 17 days until expiration, 15,516 contracts traded compared to a prior open interest of 109, for a massive 142-fold rise in volume on the trade. The buyer of the calls paid $0.18 to make the bullish bet. JetBlue shares recently traded for about $6.70, so the stock would need to rise by about $0.80, or about 12%, for the options to move in-the-money. The strike price is under...

Utility generator Constellation Energy (CEG) is up 128% over the past year, far beating out the overall market. One trader is betting on a pullback in the months ahead. That’s based on the June $250 puts. With 137 days until expiration, 7,502 contracts traded compared to a prior open interest of 151, for a 50-fold rise in volume on the trade. The buyer of the puts paid $14.22 to make the bearish bet. Constellation shares recently traded for about $310, so shares would need to sink by $60, or about 20%, for the option to move in-the-money. Shares have mostly traded in the $250 rang...

Credit card provider Visa (V) has started 2025 off strong, gaining nearly 7%. One trader sees shares building on that gain in the weeks ahead. That’s based on the February $355 calls. With 21 days until expiration, 12,248 contracts traded compared to a prior open interest of 163, for a 75-fold rise in volume on the trade. The buyer of the calls paid $1.55 to make the bullish bet. Visa shares recently hit a new 52-week high, topping $336. Shares would need to rally another $19, or 5.6%, for the option to move in-the-money. Visa continues to benefit from being the leader in an oligo...

Information technology company VNET Group (VNET) is up over 315% in the past year. One trader is betting on a further surge higher in shares. That’s based on the March $9.00 calls. With 50 days until expiration, 12,436 contracts traded compared to a prior open interest of 108, for a 115-fold surge in volume on the trade. The buyer of the calls paid $0.27 to make the bullish bet. VNET shares recently traded for just over $7, so the stock would need to rally by $2, or about 29%, for the option to move in-the-money. Shares are currently right near their 52-week high of $7.18. Current...

Oil and gas midstream giant Williams Companies (WMB) is up 70% over the past year, performing exceptionally well even as energy prices have been lackluster. One trader sees a pullback in the weeks ahead. That’s based on the March $50 puts. With 52 days until expiration, 9,577 contracts traded compared to a prior open interest of 162, for a 59-fold rise in volume on the trade. The buyer of the puts paid $1.06 to make the bearish bet. Williams recently traded for about $54, so the stock would need to decline by $4, or about 7.4%, for the option to move in-the-money. Shares recently hit...

Oil giant BP (BP) has popped higher nearly 10% in the past month, as oil prices have jumped higher. One trader sees shares pulling back in the months ahead. That’s based on the March 21 $28 puts. With 52 days until expiration, 14,054 contracts traded compared to a prior open interest of 307, for a 46-fold rise in volume on the trade. The buyer of the puts paid $0.37 to make the bearish bet. BP shares recently traded close to $31.50, so shares would need to decline by $3.50, or about 11.1%, for the option to move in-the-money. The strike price of the option is right near BP’s 52-week ...

Pharmaceutical giant Pfizer (PFE) has traded weakly in the past year, with shares down 7%. One trader sees further downside over the coming weeks. That’s based on the February 21 $24.50 puts. With 25 days until expiration, 38,679 contracts traded compared to a prior open interest of 194, for a massive 199-fold increase in volume on the trade. The buyer of the puts paid $0.24 to make the bearish bet. Pfizer shares recently traded close to $26.50, so the stock would need to decline by about $2, or 7.5%, for the option to move in-the-money. The strike price is right at Pfizer’s 52-we...