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Unusual Options Activity: Xerox Holdings Corporation (XRX)

Unusual Options Activity: Xerox Holdings Corporation (XRX)

Shares of information technology companyXerox Holdings Corporation (XRX) have been trending slightly down over the past year, with some periodic spikes higher in price. One trader is betting on a rally in shares in the next few months. That’s based on the May $23 calls. With 56 days until expiration, 4,800 contracts traded compared to a prior open interest of 105, for a 46-fold jump in volume. The buyer of the calls paid $0.22 to make the trade. Shares of the company recently traded just under $20, so they would need to rise just over 15 percent in the next two months for the option ...
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Unusual Options Activity: Barclays PLC (BCS)

Unusual Options Activity: Barclays PLC (BCS)

Shares of UK-based bankBarclays PLC (BCS) had a sharp selloff over the past few months that has recently started to reverse. One trader sees a continued move higher. That’s based on the May $10 calls. With 57 days until expiration, 13,154 contracts traded compared to a prior open interest of 296, for a 44-fold jump in volume on the option. The buyer of the calls paid $0.43 to make the trade. Shares of the bank were recently going for just over $9 per share, so the stock would need to rally another 7 percent for the option to move in-the-money. That’s still moderately off the bank sto...
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Unusual Options Activity: Ford Motors (F)

Unusual Options Activity: Ford Motors (F)

Shares of automakerFord Motors (F) have been in a decline since hitting a multi-year high back in January. One trader is betting the downtrend will reverse in the next few trading sessions. That’s based on the April 8th $16 calls. With 16 days until expiration, 26,528 contracts traded hands compared to an open interest of 721, for a 37-fold rise in volume. The buyer of the calls paid $0.97 to make the trade. Ford shares recently traded for about $16.50, making these options about $0.50 in-the-money. With a 52-week high just under $26, the option wouldn’t need much of a boost in share...
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Unusual Options Activity: Petroleo Brasileiro (PBR)

Unusual Options Activity: Petroleo Brasileiro (PBR)

Shares of oil companyPetroleo Brasileiro (PBR) have been trending up over the past year, albeit at a slower rate than energy prices. With shares slightly down over the past week as oil has come off its recent highs, one trader is betting on a rebound. That’s based on the April 8 $13.50 calls. With 17 days left until expiration, 82,213 contracts traded against an open interest of 158, for a 527-fold explosion in volume. The buyer of the calls paid $0.53 to get into the trade. Shares recently traded for about $13.25, so they would need to rise about 2 percent for the options to move in...
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Unusual Options Activity: Cameco (CCJ)

Unusual Options Activity: Cameco (CCJ)

Shares of uranium mining firmCameco (CCJ) recently soared as calls for further nuclear power use have gained traction. One trader sees the potential for an even bigger gain in the next few months. That’s based on the September $40 calls. With 179 days until expiration, 18,390 contracts traded compared to an open interest of 306, for a 60-fold jump in volume on the trade. The buyer of the calls paid $1.48 to get in. With shares around $27, options would move in-the-money if shares surged about 48 percent from here. That’s a steep move, but a possible one, given the tight supply and de...
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Unusual Options Activity: Nvidia (NVDA)

Unusual Options Activity: Nvidia (NVDA)

Shares of graphics processing manufacturerNvidia (NVDA) have been a top stock to own over the past several years, but shares are still down with other tech plays in the past few months. One trader sees the potential for a rebound underway. That’s based on the April 8 $240 calls. With 21 days left until expiration, 10,785 contracts traded compared to an open interest of 327, for a 33-fold increase in volume. The buyer of the calls paid $16.15 to enter the trade. Nvidia shares recently traded around $245, making these options about $5 in-the-money. With a 52-week high of $346, shares a...
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Unusual Options Activity: Marqueta, Inc (MQ)

Unusual Options Activity: Marqueta, Inc (MQ)

Shares of programming platform companyMarqueta (MQ) have lost over two-thirds of their value in the past six months. One trader sees the possibility for a strong rebound here. That’s based on the September $10 calls. With 183 days until expiration, 7,523 contracts traded compared to a prior open interest of 110, for a 68-fold surge in volume. The buyer of the options paid $1.80 to make the trade. Revenue is up 72 percent at the company over the past year, but as an early-stage tech company far from profitability, investors have soured on shares, particularly in the past few months. W...
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Unusual Options Huazhu Group Limited (HTHT)

Unusual Options Huazhu Group Limited (HTHT)

Shares of Chinese hotel lodging operatorHuazhu Group (HTHT) shed nearly 19 percent on Monday as traders reassessed Chinese stocks. However, one trader sees an opportunity on a rebound ahead. That’s based on the September $45 calls. With 184 days until expiration, 7,881 contracts traded compared to a prior open interest of 194, for a 41-fold jump in volume. The buyer of he calls paid $1.20 to make the trade. With shares just over $22, they would need to just more than double in the next few months in order for the option to move in-the-money. Given that shares have traded as high as $...
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Unusual Options Activity: AT&T (T)

Unusual Options Activity: AT&T (T)

Shares of telecom giantAT&T (T) have slid over 20 percent in the past year. One trader sees the potential for a rebound in the coming weeks. That’s based on the April 22nd $25.50 calls. With 37 days left until expiration, 5,437 contracts traded compared to an open interest of 125, for a 44-fold rise in volume. The buyer of the calls paid $0.16 to make the trade. Shares last traded near $23, so shares would need to rise just over 10 percent in order for the option contract to close in-the-money. That would still leave shares well under the stock’s 52-week high near $34 per share. ...
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Unusual Options Activity: Transocean (RIG)

Unusual Options Activity: Transocean (RIG)

Shares of offshore drilling equipment companyTransocean (RIG) are up about in line with the S&P 500 over the past year, with a strong rally in recent weeks as oil prices have risen further. One trader sees room for a further rally. That’s based on the April 8th $6 calls. With 24 days until expiration, 12,623 contracts traded against a prior open interest of 179, for a 70-fold jump in volume on the trade. The buyer of the calls paid $0.36 to make the trade. The buy has occurred as shares have hit a price of about $5, so they would need to rise $1, or 20 percent, for the option to ...
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