Shares ofBank of America (BAC) have been dropping along with the rest of the market over the past few weeks. One trader sees the possibility of a rebound by the summer. That’s based on the August $44 calls. With 174 days until expiration, 2,260 contracts traded compared to an open interest of 120, for a 19-fold rise in volume. The buyer of the calls paid $4.28 to make the trade. Shares of the bank last traded around $45, making this option a slightly in-the-money trade. The bank has risen about 27 percent in the past year, beating the S&P 500 by about 15 points. Revenue and ea...

Shares of electric mobility companyPlug Power (PLUG) have generally been in a decline over the past year. However, one trader sees the possibility for a major move higher ahead. That’s based on the March 11 $28 calls. Expiring in 15 days, 5,844 contracts traded compared to an open interest of 148, for a 39-fold rise in volume. The buyer of the calls paid $0.22 to make the trade. Shares of the stock recently traded close to $21, so shares would need to rally over 28 percent for the option to move in-the-money before expiration. The company is still in its early stages, so it’s not ...

Shares of wireless communication giantQualcomm (QCOM) have been on a long-term surge over the past few years, although shares have been dropping with the overall market more recently. However, one trader sees the potential for a rebound in the coming weeks. That’s based on the March $175 calls. With 29 days until expiration, 2,828 contracts traded compared to an open interest of 171, for a 17-fold jump in volume. The buyer of the calls paid $5.30 to make the trade. Shares last traded near $168, so they’d need to rise just over $7, or about 5 percent, to move in-the-money. The stoc...

Shares of defense contractorLockheed Martin (LMT) moved higher on news of a potential war between Russia and the Ukraine. One trader is betting that shares will decline in the next few weeks as those fears decline. That’s based on the March $390 puts. With 23 days until expiration, 7,787 contracts traded against a prior open interest of 155, for a 50-fold jump in volume. The buyer of the puts paid $13.05 to make the trade. Shares last traded for about $387, which leaves the option trade about $3 in-the-money. The stock has traded as high as $399 in the past year. The company’s shares...

Shares of cryptocurrency brokerageCoinbase (COIN) have been trading much like the overall crypto space ever since shares started trading last year. One trader sees the potential for a jump higher in the coming weeks. That’s based on the March 4 $205 calls. With 11 days until expiration, 2,514 contracts traded against a prior open interest of 109, for a 23-fold rise in volume. The buyer of the calls paid $9.20 to make the trade. Shares are in the low $190 range, so they would need to rise about 8 percent for the option to move in-the-money. Shares of the crypto broker are down one-...

Shares of gold mining giantBarrick Gold Corporation (GOLD) have traded flat over the past year following a recent surge in shares in recent days. One trader sees the chance for a further move higher in the coming weeks. That’s based on the March 4th $22.50 calls. With 14 days until expiration, 8,223 contracts traded compared to an open interest of 226, for a 36-fold jump in volume. The buyer of the calls paid $0.53 to make the trade. Shares of the stock recently went for about $22.25, making this an at-the-money trade, and likely one playing to the current momentum in shares. Unti...

Shares of communications infrastructure firmCommScope Holding Company (COMM) have shed more than half their value in the past year. However, one trader sees shares as potentially rebounding strongly from here. That’s based on the May $11 calls. With 91 days until expiration, 7,738 contracts traded compared to a prior open interest of 103, for a 75-fold rise in volume. The buyer of the call options paid $0.75 to make the trade. With shares currently around $9.50, the stock would need to rise about 12 percent for the option to move in-the-money. In addition to shares sinking 37 perc...

Shares of social media companyPinterest (PINS) have been in a steady downtrend for the past year, shedding more than two-thirds of their value. One trader sees the potential for a rebound ahead. That’s based on the March $25 call option. With 29 days until expiration, 12,053 contracts traded compared to an open interest of 621, for a 19-fold jump in volume. The buyer of the calls paid $1.89 to make the trade. Shares recently went for just under $25, making this an at-the-money trade. Shares are well off their 52-week high of just under $90 per share. While shares have collapsed, t...

Shares of oil services companyBaker Hughes (BKR) have been trending higher over the past year. One trader sees the potential for a big move higher in the coming months. That’s based on the September $33 calls. With 212 days until expiration, 4,164 contracts traded against a prior open interest of 138, for a 30-fold jump in volume. The buyer of the calls paid $2.13 to make the trade. The stock last went for about $29, so shares would need to rise about $4, or just under 14 percent, for the option to move in-the-money. Shares are up about 18 percent over the past year, slightly outp...

Shares of utility firmThe AES Corporation (AES) have been trending down over the past year. One trader sees a potential rebound in the coming months. That’s based on the May $24 calls. With 94 days until expiration, 18,334 contracts traded hands, a 176-fold jump in volume compared to the prior open interest of 104. The buyer of the calls paid $0.93 to make the trade. The utility’s shares currently go for just under $22.50, so shares would need to rise about 7 percent for the option to move in-the-money. The $24 strike price is well off the company’s 52-week high of just over $29 per ...