Unusual Options Activity

Big data analytics company Palantir Technologies (PLTR) has had a strong year, with shares up 180%. One trader sees shares trending higher in the coming weeks. That’s based on the May 17 $26.50 calls. The trade has 21 days until expiration, and 7,619 contracts just traded compared to a prior open interest of 147, for a 52-fold rise in volume on the trade. The buyer of the calls paid $0.40 to make the bullish bet. Palantir shares just traded for about $21.00, ...
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Candy and confection producer The Hershey Company (HSY) is down 30% over the past year. One trader sees the potential for further downside in the weeks ahead. That’s based on the June $195 puts. With 57 days until expiration, 6,675 contracts traded compared to a prior open interest of 166, for a 40-fold rise in volume on the trade. The buyer of the puts paid $12.25 to make the bearish bet. Hershey shares recently traded for about $187, meaning the options are ...
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Industrial conglomerate Honeywell (HON) has been trading in a range over the past year. One trader is betting that shares will trend to the lower end of that range in the coming weeks. That’s based on the May 17 $185 puts. With 23 days until expiration, 10,018 contracts traded compared to a prior open interest of 175, for a 57-fold rise in volume on the trade. The buyer of the puts paid $1.45 to make the bearish bet. Honeywell shares recently traded ...
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Semiconductor manufacturer Taiwan Semiconductor (TSM) is up over 50% in the past year, even after shares have pulled back in recent days. One trader sees a further drop ahead in the coming weeks. That’s based on the May 24 $133 puts. With 31 days until expiration, 4,724 contracts traded compared to a prior open interest of 106, for a 45-fold rise in volume on the trade. The buyer of the puts paid $7.90 to make the bearish bet. Taiwan Semiconductor shares recently ...
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Offshore oil drilling company Diamond Offshore (DO) is up 13% in the past year, as energy prices have stabilized and started to trend higher. One trader sees a potential pullback through the end of the year. That’s based on the January 2025 $10 puts. With 270 days until expiration, 2,954 contracts traded compared to a prior open interest of 104, for a 28-fold rise in volume on the trade. The buyer of the puts paid $0.75 to make the bearish bet. Diamond ...
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Motorcycle producer Harley Davidson (HOG) has been flat over the past year, gaining just 3% as the overall market is up 20%. One trader sees the stock trending higher in the coming weeks. That’s based on the May 17 $39 calls. With 27 days until expiration, 3,879 contracts traded compared to a prior open interest of 172, for a 23-fold rise in volume on the trade. The buyer of the calls paid $1.65 to make the bullish bet. Harley shares recently traded ...
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Media conglomerate Warner Bros Discover (WBD) has been out of favor with the market, sinking 41% over the past year. One trader sees further downside in the coming weeks. That’s based on the May 31st $8 puts. With 43 days until expiration, 125,286 contracts traded compared to a prior open interest of 111, for a massive 1,129-fold rise in volume on the trade. The buyer of the puts paid $0.52 to make the bearish bet. Warner Bros shares recently traded for about ...
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Semiconductor manufacturer Marvell Technology (MRVL) has sold off in recent days, but is still up 75% over the past year, nearly triple the market’s return. One trader sees shares bouncing back in the coming months. That’s based on the July $72.50 calls. With 93 days until expiration, 12,122 contracts traded compared to a prior open interest of 434, for a 28-fold rise in volume on the trade. The buyer of the calls paid $5.20 to make the bullish bet. Marvell shares recently ...
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