Shares of communications firmAT&T (T) have been in a downtrend for most of the year. However, one trader sees the possibility for a short-term rebound in shares. That’s based on the January 28th $22 call options. With 42 days until expiration, 5,207 contracts traded against a prior open interest of 253, for a 21-fold rise in volume. The buyer of the calls paid $0.77 to make the trade. The company has shed 25 percent over the past year as management has decided to sell off media assets that the company spent the prior few years building up instead. Those asset sales will be used t...

Shares of solar companySunnova Energy International (NOVA) are down over 50 percent from their recent peak. However, one trader sees the possibility for a strong rebound in the coming months. That’s based on the April $35 calls. With 118 days until expiration, over 15,000 contracts traded hands, a 90-fold surge in volume from the prior open interest of 155. The buyer of the calls paid $2.63 to make the trade. The Houston-based solar company saw shares surge to a high of nearly $58 at the start of the year, and got a slight uptick when the latest government infrastructure bill, which ...

Shares of casino operatorMGM Resorts International (MGM) have slid lower in the past month on the latest Covid fears. One trader is betting those fears are overblown and shares will trend higher in the next month. That’s based on the January $44 calls. With 37 days until expiration, 11,275 contracts traded against a prior open interest of 186, for a 61-fold rise in volume. The buyer of the calls paid $0.89 to make the trade. Shares last traded around $40, so the call options would move in-the-money as long as shares rose about 10 percent in the next month. With a pre-Omicron news ...

Shares of food giantThe Kraft Heinz Company (KHC) rose in the first few months of the year, only to decline in the past few months. One trader sees a short-term rally in the works. That’s based on the December 31st $35 calls. With 17 days until expiration, 15,559 contracts traded against a prior open interest of 318, for a 49-fold surge in volume. The buyer of the calls paid $0.40 to make the trade. The stock’s decline over the past few months has left shares trading at about where they started the year. Revenue has also been flat at the company over the past year, although overall e...

Shares of grocery store chainThe Kroger Co. (KR) have been rising over the past year. One trader sees that trend continuing in the next few days with the potential for a big jump soon. That’s based on the December 23 $46 calls. With 10 days until expiration, 11,970 contracts traded against a prior open interest of 138, for an 87-fold surge in volume. The buyer of the calls paid $0.30 to get into the trade. With shares last going for just under $44, shares would need to rise about 6 percent for the option to move in-the-money before expiration in just under two weeks. That’s a big mov...

Shares of industrial rental and leasing firmFortress Transportation and Infrastructure Investors (FTAI) have been in a downtrend since June. One trader sees a rebound ahead, if not already underway given the rise in shares in recent sessions. That’s based on the April $28 calls. With 124 days until expiration, over 13,450 contracts traded against a prior open interest of 236, for a 57-fold jump in volume. The buyer of the calls paid $1.50 for the trade. Shares recently traded around $24, so the option would move in-the-money if shares rose just over 16 percent from their current leve...

Shares of retail giantWalmart (WMT) sold off heavily in recent weeks, but have started to rebound. One trader sees that trend continuing through the holidays. That’s based on the December 31 $147 call. With 22 days until expiration, over 11,750 contracts traded hands compared to a prior open interest of 172, for a 68-fold surge in volume. The buyer of the calls paid $0.45 to make the trade. Shares recently traded around $138.50, so a strike price of $147 would require a 6 percent rally in shares by the end of the month for the option to close in-the-money. That is a possibility, d...

Shares of automotive dealershipVroom Inc (VRM) have been in a steady decline over the past year, as a parts shortage has made new vehicle production costly and led to a shortage of used vehicles. However, one trader sees room for a rebound ahead. That’s based on the January 2023 $20 calls. With 408 days until expiration, over 15,095 contacts traded against a prior open interest of 202, for a 75-fold jump in volume. The buyer of the calls paid $2.95 to make the trade. With shares last around $13.50, a move to $20 would require a $6.50 rally in shares, or a 48 percent rise higher in...

Shares of aluminum producerAlcoa Aluminum (AA) have been a strong performer in the past year, as both a play on continuing economic growth and as a hedge against inflation. One trader sees that trend continuing for the foreseeable future. That’s based on the January 2023 $55 calls. With 409 days until expiration, over 11,960 contracts traded, a 48-fold jump in volume from the prior open interest of 248 contracts. The buyer of the calls paid $6.88 to make the trade. With shares currently around $44, the $55 option would move in-the-money on a 25 percent move higher in shares in the ne...

Shares of automakerFord Motors (F) have been on the rise in the past year, as the company has been expanding its electric vehicle fleet. One trader sees that trend continuing. That’s based on the June $24 calls. With 192 days left until expiration, over 38,500 contracts traded against a prior open interest of 1,362 contracts, for a 28-fold rise in volume. The buyer of the calls paid $1.42 to make the trade. With a recent price just under $20, shares would need to rally another 20 percent in the first six months of 2022 for the option trade to move in-the-money. Even with shares up...