Unusual Options Activity: Marriott International (MAR)
Shares of hotel chain
Marriott International (MAR) have been in an uptrend over the past few months, with a big surge in recent weeks. One trader sees a potential move higher in the coming months. That’s based on the July $160 calls. With 84 days until expiration, 7,003 contracts traded compared to a prior open interest of 158, for a 44-fold jump in volume on the contracts. The buyer of the calls paid $34.00 to get into the trade. Shares of Marriott just ...
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Marriott International (MAR) have been in an uptrend over the past few months, with a big surge in recent weeks. One trader sees a potential move higher in the coming months. That’s based on the July $160 calls. With 84 days until expiration, 7,003 contracts traded compared to a prior open interest of 158, for a 44-fold jump in volume on the contracts. The buyer of the calls paid $34.00 to get into the trade. Shares of Marriott just ...
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Unusual Options Activity: American Airlines (AAL)
Shares of airliner
American Airlines (AAL) have been rallying higher in recent weeks. One trader sees the potential for a move higher in the coming months. That’s based on the November $25 calls. With 211 days until expiration, 12,293 contracts traded against a prior open interest of 375, for a 33-fold increase in volume on the contract. The buyer of the calls paid $1.33 to get into the trade. Shares recently traded just under $20, so the stock would need to rise just ...
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American Airlines (AAL) have been rallying higher in recent weeks. One trader sees the potential for a move higher in the coming months. That’s based on the November $25 calls. With 211 days until expiration, 12,293 contracts traded against a prior open interest of 375, for a 33-fold increase in volume on the contract. The buyer of the calls paid $1.33 to get into the trade. Shares recently traded just under $20, so the stock would need to rise just ...
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Unusual Options Activity: Intel (INTC)
Shares of chipmaker
Intel (INTC) have been a poor performer in the past year, but the company has had some surges higher. One trader sees another such move playing out in the weeks ahead. That’s based on the May 28th $50 calls. With 37 days until expiration, 16,101 contracts traded against an open interest of 261, for a 71-fold surge in volume on the contract. The buyer of the calls paid $0.17 to get into the trade. Overall, Intel shares have slid 28 ...
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Intel (INTC) have been a poor performer in the past year, but the company has had some surges higher. One trader sees another such move playing out in the weeks ahead. That’s based on the May 28th $50 calls. With 37 days until expiration, 16,101 contracts traded against an open interest of 261, for a 71-fold surge in volume on the contract. The buyer of the calls paid $0.17 to get into the trade. Overall, Intel shares have slid 28 ...
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Unusual Options Activity: U.S. Silica Holdings (SLCA)
Shares of silica producer
U.S. Silica Holdings (SLCA) have been in a strong uptrend, more than doubling since February. One trader sees a continued rally in shares. That’s based on the January 2023 $10 calls. With 276 days until expiration, 9,183 contracts traded compared to a prior open interest of 124, for a 74-fold increase in volume on the trade. The buyer of the calls paid $11.60 to get in. Shares recently traded around $20.50, indicating that the calls are about $10.90 ...
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U.S. Silica Holdings (SLCA) have been in a strong uptrend, more than doubling since February. One trader sees a continued rally in shares. That’s based on the January 2023 $10 calls. With 276 days until expiration, 9,183 contracts traded compared to a prior open interest of 124, for a 74-fold increase in volume on the trade. The buyer of the calls paid $11.60 to get in. Shares recently traded around $20.50, indicating that the calls are about $10.90 ...
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Unusual Options Activity: AT&T (T)
Shares of telecom company
AT&T (T) dropped recently as the company completed a spinoff of its media properties. However, shares have been trending higher since. One trader sees a further move higher over the summer. That’s based on the September $22 calls. With 151 days until expiration, 3,603 contracts traded, a 24-fold jump in volume from the prior open interest of 150. The buyer of the calls paid $0.35 to make the trade. With shares last going for about $19.50, the stock would ...
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AT&T (T) dropped recently as the company completed a spinoff of its media properties. However, shares have been trending higher since. One trader sees a further move higher over the summer. That’s based on the September $22 calls. With 151 days until expiration, 3,603 contracts traded, a 24-fold jump in volume from the prior open interest of 150. The buyer of the calls paid $0.35 to make the trade. With shares last going for about $19.50, the stock would ...
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Unusual Options Activity: Bank of America (BAC)
Shares of megabank
Bank of America (BAC) have been trending down in recent months, and shares just went negative over the past year. One trader sees the possibility for a rebound in the next few weeks. That’s based on the May 27 $50 calls. With 42 days until expiration, 10,023 contracts traded compared to a prior open interest of 278, for a 36-fold rise in volume on the trade. The buyer of the calls paid $1.34 to get into the trade. Shares last ...
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Bank of America (BAC) have been trending down in recent months, and shares just went negative over the past year. One trader sees the possibility for a rebound in the next few weeks. That’s based on the May 27 $50 calls. With 42 days until expiration, 10,023 contracts traded compared to a prior open interest of 278, for a 36-fold rise in volume on the trade. The buyer of the calls paid $1.34 to get into the trade. Shares last ...
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Unusual Options Activity: PulteGroup (PHM)
Shares of homebuilder
PulteGroup (PHM) have been sliding in recent months. But one investor sees the possibility for a rally in the coming months. That’s based on the July $45 calls. With 92 days until expiration, 27,149 contracts traded compared to a prior open interest of 119, for a 228-fold rise in volume on the trade. The buyer of the calls paid $2.18 to get into the trade. Shares recently traded for just under $42, so shares would need to rally about ...
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PulteGroup (PHM) have been sliding in recent months. But one investor sees the possibility for a rally in the coming months. That’s based on the July $45 calls. With 92 days until expiration, 27,149 contracts traded compared to a prior open interest of 119, for a 228-fold rise in volume on the trade. The buyer of the calls paid $2.18 to get into the trade. Shares recently traded for just under $42, so shares would need to rally about ...
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Unusual Options Activity: General Motors (GM)
Shares of
General Motors (GM) are near a 52-week low thanks to high inflation, supply chain shortages impacting auto production, and the view of a slowing economy. One trader is betting on a rebound in the coming weeks. That’s based on the June $42 calls. With 65 days until expiration, 24,263 contracts traded hands, a 144-fold surge in volume compared to the prior open interest of 169. The buyer of the calls paid $2.32 to get into the trade. Shares recently traded just ...
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General Motors (GM) are near a 52-week low thanks to high inflation, supply chain shortages impacting auto production, and the view of a slowing economy. One trader is betting on a rebound in the coming weeks. That’s based on the June $42 calls. With 65 days until expiration, 24,263 contracts traded hands, a 144-fold surge in volume compared to the prior open interest of 169. The buyer of the calls paid $2.32 to get into the trade. Shares recently traded just ...
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