Shares of natural gas gathering, transmission, and storage firmEquitrans Midstream Corporation (ETRN) have traded flat over the past year. One trader sees a rally in the months ahead. That’s based on the January $12.50 calls. With 134 days until expiration, over 15,420 contracts traded, a 39-fold rise in volume from the prior open interest of 391 contracts. The buyer of the calls paid $0.18 to make the trade. Shares are currently in the low $9 range, meaning shares would need to jump about 35 percent higher by mid-January for the option to trade in-the-money. Given the company’s e...

Shares of energy infrastructureEnbridge (ENB) have been trending higher in the past year. One trader sees that trend reversing. That’s based on the April $37.50 puts. With 218 days until expiration, over 11,250 contracts traded against a prior open interest of 151, for a 75-fold rise in volume. The buyer of the puts paid $1.63 to make the trade. Shares recently closed in near a 52-week high of $41, but are well off multi-year highs. That’s as the company’s earnings have declined by about 15 percent over the past year. The oil and gas midstream company is headquartered in Canada an...

Shares of uranium producerCameco (CCJ) were on a strong uptrend until June, then slid. In recent days, they’ve moved higher. One trader sees that trend continuing in the weeks ahead. That’s based on the October $21 calls. With 39 days until expiration, over 5,065 contracts traded against an open interest of 155, for a 33-fold rise in volume. The buyer of the calls paid about $1.32 on average. Shares are just under $21 right now, about $1 under their old 52-week high. If shares move higher, they could break through to new highs in the weeks ahead. The uranium miner isn’t making a p...

Shares of credit card giantMastercard (MA) have been sliding over the past month. However, one trader sees the potential for a move higher in the coming few months. That’s based on the November $355 calls. With 77 days until expiration, over 17,960 contracts traded against a prior open interest of 110, for a 163-fold explosion in volume. The buyer of the calls paid about $13.85 to make the trade. With shares around $350, the option is nearly at-the-money. Over the past year, shares have traded as high as $401. Should shares jump back to that high, the option could move as high as $50...

Shares of product research companyVinco Ventures (BBIG) have quadrupled in recent sessions. One trader sees the possibility for a surge even higher. That’s based on the October $20 calls. Over 10,173 contracts traded against a prior open interest of 111, for a 92-fold jump in volume. The buyer of the calls paid about $1.33 to make the trade. With shares trading around $10 on Wednesday, they’d need to rally over 100 percent in the next 43 days before expiration for the option to move in-the-money. While that seems like a stretch, the current rally in shares started at around $2.50 ...

Consumer tech giantApple (AAPL) has been pushing to new highs in recent weeks. One trader sees the trend continuing throughout the month of September. That’s based on the October 1 $180 calls. With 30 days until expiration, over 35,270 contracts traded against an open interest of 269, for a massive 131-fold jump in volume. The buyer of the calls paid about $0.23 to make the trade. While shares have moved higher in recent sessions, they currently trade around $153. Shares would need to rise $27, or 17.6 percent this month, to move in-the-money. Shares of Apple jumped over 3 percent...

Online auction siteeBay (EBAY) has seen shares move higher over the past year with a number of small dips along the way. One trader sees that trend continuing in the short term. That’s based on the September 10 $70 calls. Over 5,715 contracts traded compared to an open interest of 122, for a 47-fold rise in volume. The buyer of the calls paid about $0.47 to make the trade. With 10 days until expiration, and with shares around $76.50 right at a 52-week high, it’s a coin toss as to whether shares will move in-the-money or not. However, given the company’s long-term uptrend and dominant...

Real estate platform companyOpendoor Technologies (OPEN) has been trending down since February. However, one trader sees the potential for a rebound in the next year and change. That’s based on the January 2023 $23 calls. With 508 days until expiration, over 35,013 contracts changed hands, a 71-fold jump in volume from the prior open interest near 490 contracts. The buyer of the calls paid about $3.60 to make the buy. Shares would need to move about 37 percent higher from their current price for the trade to move in-the-money. Opendoor went public via a SPAC offering in December 2...

Sporting goods retailerAcademy Sports and Outdoors (ASO) is already up over 200 percent in the past year. One trader sees the opportunity for a further move higher. That’s based on the December $45 calls. With 112 days until expiration, over 9,800 contracts traded compared to a prior open interest of 121, for an 81-fold jump in volume. The buyer of the calls paid about $4.90 to make the trade. With shares around $42, they’d only need to rally by $1 to move in-the-money. Shares have a 52-week high right at $43. While shares have already had a large rally over the past year, the sto...

Energy prices have been rebounding in recent weeks, and one trader sees a possibility to play that trade withDevon Energy (DVN). That’s based on the December $30 calls. With 113 days until expiration, over 9,360 contracts traded against a prior open interest of 145, for a 65-fold rise in volume. The buyer of the calls paid about $2.39 to make the trade. Shares recently traded near $28.50, so they would need to rise less than 10 percent to move in-the-money. Given the stock’s 52-week high of $32, it’s certainly possible that this trade could move in-the-money, although shares would ne...