Single-family home leasing company Invitation Homes (INVH) is down 6% over the past year, amid a softening market for rents and stubbornly-high interest rates. One trader sees shares trending higher in the months ahead. That’s based on the July $35 calls. With 175 days until expiration, 5,343 contracts traded compared to a prior open interest of 105, for a 51-fold rise in volume on the trade. The buyer of the calls paid $0.65 to make the bullish bet. Invitation Homes shares recently traded for just under $31, so shares would need to rally by $4, or about 13%, for the option to move i...

Regional bank Western Alliance Bancorporation (WAL) is up 37% over the past year, far outperforming the overall stock market. One trader sees further upside in the first half of 2025. That’s based on the June 20 $100 calls. With 148 days until expiration, 4,291 contracts traded compared to a prior open interest of 157, for a 27-fold rise in volume on the trade. The buyer of the calls paid $5.80 to make the bullish bet. Western Alliance shares recently traded for about $93, so shares would need to rally by $7, or about 7.5%, for the options to move in-the-money. Western Alliance would...

Semiconductor manufacturer Taiwan Semiconductor (TSM) is up 88% over the past year, and just provided strong guidance in the quarters ahead. One trader is betting on a further rally. That’s based on the May $200 calls. With 113 days until expiration, 20,265 contracts traded compared to a prior open interest of 553, for a 37-fold rise in volume on the trade. The buyer of the calls paid $25.65 to make the bullish bet. Taiwan shares recently traded for about $212, meaning the options are already about $12 in-the-money. Taiwan is slightly off its 52-week high of $222.20. Operationally...

Coal miner Peabody Energy (BTU) shed over 25% last year amid a weak energy market and a continued shift away from the use of coal. One trader sees shares rebounding a bit over the coming weeks. That’s based on the February $18 calls. With 31 days until expiration, 7,262 contracts traded compared to a prior open interest of 186, for a 39-fold rise in volume on the trade. The buyer of the calls paid $1.52 to make the bullish bet. Peabody shares recently traded for about $18.75, meaning the options are already $0.75 in-the-money. They should rise in value if the stock can move higher ov...

Oil & gas company Antero Midstream Corporation (AM) is up 32% over the past year. One trader expects further gains into next year. That’s based on the January 2026 $20 calls. With 351 days until expiration, 9,388 contracts traded compared to a prior open interest of 228, for a 41-fold rise in volume on the trade. The buyer of the call paid $0.45 to make the bullish bet. Antero shares recently traded for just over $16, right at a 52-week high. The stock would need to rally by about $4, or 25%, for the option to move in-the-money. Antero has performed well over the past year eve...

Department store chain Macy’s (M) sank to a new 52-week low, with shares down 22% over the past year. One trader sees further weakness into the summer. That’s based on the August $12 puts. With 210 days until expiration, 6,506 contracts traded compared to a prior open interest of 102, for a 64-fold rise in volume on the trade. The buyer of the puts paid $0.97 to make the bearish bet. Macy’s shares recently traded just under $14, so the stock would need to decline another $2, or about 14%, for the options to move in-the-money. The drop would also put the stock down nearly 50% from its...

Wall Street megabank Bank of America (BAC) is up 40% over the past year, far beating the overall market. One trader sees the stock trending even higher in the weeks ahead. That’s based on the February 7 $50 calls. With 22 days until expiration, 26,287 contracts traded compared to a prior open interest of 123, for a massive 214-fold rise in volume on the trade. The buyer of the calls paid $0.20 to make the bullish bet. Bank of America shares recently traded for about $46, so shares would need to rally by about $4, or about 9%, for the option to move in-the-money. It would also mean sh...

Utility provider Sempra (SRE) is up 6% over the past year, far underperforming the overall market, and the utility sector in general. One trader sees shares trending higher into the spring. That’s based on the April $85 calls. With 92 days until expiration, 10,155 contracts traded compared to a prior open interest of 242, for a 42-fold rise in volume on the trade. The buyer of the calls paid $1.40 to make the bullish bet. Sempra shares recently traded for about $77, so the stock would need to rise by $8, or about 10%, for the option to move in-the-money. That’s well within the sto...

Processed foods company Conagra Brands (CAG) is down 7% over the past year, with shares recently breaking to a new 52-week low in 2025. One trader sees a rebound in the months ahead. That’s based on the June 20 $27 calls. With 156 days until expiration, 7,570 contracts traded compared to a prior open interest of 119, for a 64-fold rise in volume on the trade. The buyer of the calls paid $0.90 to make the bullish bet. Following its recent selloff, Conagra trades at about $26, so shares would need to rally by $1, or just under 4%, for the option to move in-the-money. The strike pric...

Private prison and security firm GEO Group (GEO) is up over 180% in the past year, fueled with a massive move higher after the election. One trader sees further upside in the months ahead. That’s based on the June 20 $40 calls. With 158 days until expiration, 10,002 contracts traded compared to a prior open interest of 272, for a 37-fold rise in volume on the trade. The buyer of the calls paid $3.20 to make the bullish bet. GEO shares recently popped higher to $30, hitting a 52-week high of $30.91, so shares would need to rally another $10, or about 33%, for the option to move in-the...