Unusual Options Activity

Modular nuclear reactor designer and manufacturer NuScale Power (SMR) is up 210% over the past year. One trader sees shares pulling back in the weeks ahead. That’s based on the June 20 $18 puts. The options have 35 days until expiration, and 8,319 contracts just traded compared to a prior open interest of 203, for a 41-fold rise in volume on the trade. The buyer of the puts paid $0.60 to make the bearish bet. NuScale Power shares recently traded near $23, ...
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Oil and gas services company NextDecade Corporation (NEXT) are up about 25% in the past month on the back of earnings and a memoranda of understanding with Aramco. One trader sees shares trending higher in the weeks ahead. That’s based on the June $9 calls. With 36 days until expiration, 5,800 contracts traded compared to a prior open interest of 101, for a 57-fold rise in volume on the trade. The buyer of the calls paid $0.45 to make the bullish ...
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E-commerce pet retailer Chewy (CHWY) has soared 134% over the past year, as revenues have grown. One trader sees further gains over the coming weeks. That’s based on the June 6 $40 calls. With 23 days until expiration, 8,974 contracts traded compared to a prior open interest of 107, for an 84-fold rise in volume on the trade. The buyer of the calls paid $1.50 to make the bullish bet. Chewy shares recently traded for just under $40, making this an at-the-money ...
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Oil and gas exploration and production giant BP (BP) has traded down 24% over the past year, as energy prices have remained lackluster. One trader sees shares trending higher by the end of the month. That’s based on the May 30 $31 calls. With 17 days until expiration, 27,223 contracts traded compared to a prior open interest of 237, for a 115-fold rise in volume on the trade. The buyer of the calls paid $0.38 to make the bullish bet. BP shares ...
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Exercise equipment manufacturer Peloton (PTON) is up 65% over the past year, but shares have been pulling back with the rest of the market. One trader sees shares breaking lower by the end of next year. That’s based on the January 2027 $3 puts. 11,570 contracts traded compared to a prior open interest of 237, for a 49-fold rise in volume on the trade. The buyer of the puts paid $0.42 to make the bullish bet, which expires in 613 days. Peloton ...
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Retailer Target (TGT) has taken a 40% dive in the past year, amid rising consumer uncertainty and higher tariff rates on imported manufactured goods. One trader sees shares trending higher by the end of next year. That’s based on the January 2027 $85 calls. With 616 days until expiration, 9,500 contracts traded compared to a prior open interest of 340, for a 28-fold rise in volume on the trade. The buyer of the calls paid $23.00 to make the bullish bet. Target ...
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Telehealth platform Hims & Hers Health (HIMS) just reported a massive earnings beat, with shares up 20% on the news. One trader thinks that the stock has run too far, too fast. That’s based on the June $45 puts. With 43 days until expiration, 7,000 contracts traded compared to a prior open interest of 121, for a 58-fold rise in volume on the trade. The buyer of the puts paid $5.15 to make the bearish bet. HIMS shares soared to about $50 ...
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Oil and gas pipeline play Enterprise Products Partners (EPD) is up 7% over the past year, but has given up gains in recent weeks amid the market selloff. One trader sees more upside by year-end. That’s based on the December 2025 $36 calls. With 226 days until expiration, 6,000 contracts traded compared to a prior open interest of 184, for a 33-fold rise in volume on the trade. The buyer of the calls paid $0.26 to make the bullish bet. Enterprise recently ...
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