Unusual Options Activity

Telecom provider AT&T (T) is up 44% over the past year, more than doubling the return of the S&P 500. One trader sees further upside ahead for shares in the coming weeks. That’s based on the October 25 $21.50 calls. With 44 days until expiration, 4,936 contracts traded compared to a prior open interest of 115, for a 43-fold rise in volume on the trade. The buyer of the calls paid $0.63 to make the bullish bet. AT&T shares recently traded for ...
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Networking technology company EchoStar Corporation (SATS) is up 24% over the past year, about in-line with the overall stock market. One trader sees shares rallying over the coming weeks. That’s based on the October 18 $25 calls. With 38 days until expiration, 7,161 contracts traded compared to a prior open interest of 107, for a 67-fold rise in volume on the trade. The buyer of the calls paid $1.28 to make the bullish bet. EchoStar shares recently traded for about $22.50, so ...
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Oil and gas refining company CVR Energy (CVI) is down over 30% in the past year, far underperforming a rallying stock market. One trader sees shares trending lower over the coming weeks. That’s based on the October 18 $22.50 puts. With 39 days until expiration, 8,302 contracts traded compared to a prior open interest of 113, for a 73-fold rise in volume on the trade. The buyer of the puts paid $1.15 to make the bearish bet. CVR shares recently traded for ...
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Electric utility firm Exelon Corporation (EXC) is down 3% over the past year, although shares have been trending higher since July. One trader sees shares continuing higher into early 2025. That’s based on the January 2025 $41 calls. With 133 days until expiration, 4,373 contracts traded compared to a prior open interest of 113, for a 39-fold rise in volume on the trade. The buyer of the calls paid $0.90 to make the bullish bet. Exelon shares recently traded for about $39, ...
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Building component producer Carrier Global Corporation (CARR) is up 29% over the past year, slightly beating the returns of the overall stock market. One trader sees shares trending higher through the middle of next year. That’s based on the June 2025 $85 calls. With 288 days until expiration, 3,509 contracts traded compared to a prior open interest of 120, for a 29-fold rise in volume on the trade. The buyer of the calls paid $3.10 to make the bullish bet. Carrier shares ...
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Drug manufacturer Pfizer (PFE) is down 20% over the past year, amid a slowdown in user demand. One investor sees shares trending lower in the weeks ahead. That’s based on the October 4 $27 puts. With 30 days until expiration, 18,523 contracts traded compared to a prior open interest of 140, for a massive 132-fold rise in volume on the trade. The buyer of the puts paid $0.15 to make the bearish bet. Pfizer shares recently traded at $29, so the stock ...
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Clothing retailer Victoria’s Secret (VSCO) is up nearly 30% over the past year, but shares started to decline following earnings. One trader sees a further decline in the weeks ahead. That’s based on the October 18 $23 puts. With 45 days until expiration, 5,247 contracts traded compared to a prior open interest of 198, for a 26-fold rise in volume on the trade. The buyer of the puts paid $1.20 to make the bearish bet. Victoria’s Secret shares recently traded for about ...
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Consumer tech giant Apple (AAPL) is up 21% over the past year, slightly lagging the overall market. One trader sees shares pulling back slightly over the coming weeks. That’s based on the October 4 $210 puts. With 32 days until expiration, 6,261 contracts traded compared to a prior open interest of 175, for a 36-fold rise in volume on the trade. The buyer of the puts paid $1.35 to make the bearish bet. Apple shares recently traded for about $230. Shares would ...
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