Shares of energy giantExxonMobil (XOM) have been soaring higher with rising oil prices in the past few months. One trader expects that trend to continue in the next few months as well. That’s based on the June $52.50 calls. With 125 days until expiration, 11,429 contracts traded compared to a prior open interest of 112, for a staggering 102-fold jump in volume. The buyer of the calls paid $26.55 to make the trade. Shares have recently been trading for about $79, making the $52.50 calls about $26.50 in-the-money. That means the buyer of the options paid nearly no premium for the optio...

Shares of digital real estate platformOpendoor Technologies (OPEN) have shed over two thirds of their value in the past year. One trader sees the possibility for a rebound ahead. That’s based on the February 25th $11 calls. With 15 days until expiration, 10,605 contracts traded hands, compared to an open interest of 375, for a 93-fold jump in volume. The buyer of the calls paid $0.62 to make the trade. The company next reports earnings on February 24th, the day before the options expire. Shares are just under $10, so would need to rally about 12 percent in order for the options to mo...

Shares of carmakerGeneral Motors (GM) have been trading in a range over the past year, with shares now trading near the lower end of their range. One trader sees the possibility for a rebound in the coming weeks. That’s based on the March 11 $52 calls. With 30 days until expiration, 7,591 contracts traded compared to an open interest of 159, for a 48-fold rise in volume. The buyer of the calls paid $1.98 to make the trade. Shares are currently around $51, so they would need to rise less than 2 percent for the option to move in-the-money. And the $52 strike price is far under the stoc...

Shares of social media giantMeta Platforms (FB) saw their largest one-day decline last week following earnings. One trader is betting on a sharp rebound in the next few days. That’s based on the February 18 $240 calls. With 10 days until expiration, 6,768 contracts traded against a prior open interest of 135, for a 50-fold jump in volume on the contract. The buyer of the calls paid $7.98 to make the trade. Shares traded around $237, making these an at-the-money options trade, capable of moving in-the-money on a small move higher in shares before the end of next week. That also leaves...

Shares of space infrastructure companyRedwire Corporation (RDW) have lost over half their value in the past three months. One trader sees the possibility for a strong rebound in the next few weeks. That’s based on the March $7.50 calls. With 38 days until expiration, 6,988 contracts traded compared to a prior open interest of 156, for a 45-fold increase in volume. The buyer of the calls paid $0.38 to make the trade. With shares last trading around $5.60, the stock would need to rise about 33 percent in just over six weeks for the option trade to move in-the-money. That’s a steep, but...

Shares of payment processing firmPayPal (PYPL) shed nearly a quarter of their value on Wednesday after the company missed earnings by a penny and lowered on guidance. However, one trader sees shares as immediately oversold in the short term. That’s based on the February 18 $140 calls. With 14 days until expiration, 9,173 contracts traded against a prior open interest of 156, for a 59-fold jump in volume. The buyer of the calls paid $3.60. Shares were knocked down to about $133 on Wednesday, so a run to $140 represents about a 5 percent move higher in shares. That’s easily achievable ...

Shares ofGrocery Outlet Holding Corp (GO) have been trending down over the past year, but have shown some signs of life in recent weeks. One trader sees the possibility for a rebound ahead. That’s based on the May $35 calls. With 105 days until expiration, 4,554 contracts traded compared to a prior open interest of 109, for a 42-fold jump in volume on the trade. The buyer of the calls paid $0.38 to get into the trade. With the stock last going for about $25, shares would need to rally $10, or about 40 percent, for the option trade to move in-the-money. That would still leave shares u...

Shares of specialty equipment makerMirion Technologies (MIR) have been trending down over the past three months. One trader is betting on a rebound in shares in the next few months. That’s based on the May $10.00 calls. With 106 days until expiration, 9,791 contracts traded compared to an open position of 209, for a 47-fold jump in volume. The buyer of the calls paid $0.36 to make the trade. The stock has dropped over 32 percent in the past year, and has lost more than half its value from its peak price nearly one year ago. The radiation detection equipment company first went public ...

Shares of social media companyTwitter (TWTR) have shed nearly half their value in the past three months. One trader sees the possibility for a strong rebound in the coming weeks. That’s based on the April $40 calls. With 71 days until expiration, 10,058 contracts traded hands, a 20-fold rise in volume from the prior open interest of 502. The buyer of the calls paid $1.92 to make the trade. Shares of Twitter traded recently around $35. So they would need to rise about 14 percent for the option to move in-the-money in the days ahead. Given the steep drop in shares, such a move is po...

Shares of German megabankDeutsche Bank (DB) have been trading in a range over the past year. One trader is betting that the stock’s recent attempts to move higher will continue in the next few weeks. That’s based on the March $14 calls. With 45 days until expiration, 6,870 contracts traded against an open interest of 219, for a 31-fold rise in volume. The buyer of the calls paid $0.43 to make the trade. Shares last went for about $13.20, so the stock would only need to rise another 80 cents, or about 6 percent, for the option to move in-the-money. The stock has largely traded in the ...