Unusual Options Activity: Macy’s (M)
Shares of department store chain
Macy’s (M) have been in a steady uptrend for the past several months. One trader sees a continuation of that trend in the months to come. That’s based on the November $21 calls. With 151 days left on the trade, over 25,500 contracts traded, a 33-fold rise from the prior open interest of 767 contracts. The buyer of the calls paid $1.80 on average for the contract. With shares last around $18, they would need to rise another ...
Read More About This
Macy’s (M) have been in a steady uptrend for the past several months. One trader sees a continuation of that trend in the months to come. That’s based on the November $21 calls. With 151 days left on the trade, over 25,500 contracts traded, a 33-fold rise from the prior open interest of 767 contracts. The buyer of the calls paid $1.80 on average for the contract. With shares last around $18, they would need to rise another ...
Read More About This
Unusual Options Activity: Petroleo Brasileiro (PBR)
Shares of
Petroleo Brasilerio (PBR), Brazil’s state-owned oil company, have been moving higher in recent sessions, following the price of oil higher. At least one trader sees that trend continuing. That’s based on the July 9 $13 calls. Expiring in 21 days, over 77,720 contracts traded against a prior open interest of 245, for a 317-fold explosion higher in interest. The buyer of the calls paid about $0.13 on average. With shares just under $12, it would take a return of about 10 ...
Read More About This
Petroleo Brasilerio (PBR), Brazil’s state-owned oil company, have been moving higher in recent sessions, following the price of oil higher. At least one trader sees that trend continuing. That’s based on the July 9 $13 calls. Expiring in 21 days, over 77,720 contracts traded against a prior open interest of 245, for a 317-fold explosion higher in interest. The buyer of the calls paid about $0.13 on average. With shares just under $12, it would take a return of about 10 ...
Read More About This
Unusual Options Activity: Advanced Micro Devices (AMD)
Shares of chipmaking firm
Advanced Micro Devices (AMD) have been rangebound between $75 and $85 over the past few months. One trader sees a bigger move higher in the coming weeks. That’s based on the July 30 $95 calls. With 43 days until expiration, over 5,170 contracts traded against a prior open interest of 252, for a 21-fold rise in volume. The buyer of the calls paid $0.54. With shares last around $80, a rise of nearly 20 percent would be required to ...
Read More About This
Advanced Micro Devices (AMD) have been rangebound between $75 and $85 over the past few months. One trader sees a bigger move higher in the coming weeks. That’s based on the July 30 $95 calls. With 43 days until expiration, over 5,170 contracts traded against a prior open interest of 252, for a 21-fold rise in volume. The buyer of the calls paid $0.54. With shares last around $80, a rise of nearly 20 percent would be required to ...
Read More About This
Unusual Options Activity: Intel (INTC)
Shares of chipmaking company
Intel (INTC) have been in a range over the past few months. One trader is betting on a move higher, and soon. That’s based on the July 2 $62.00 calls. With 16 days until expiration, over 58,560 contracts traded, a 264-fold rise in volume from the prior open interest of 223 contracts. The buyer of the calls paid about $0.27 for the contracts. With a recent share price near $58, shares would need to rise 7 percent for the ...
Read More About This
Intel (INTC) have been in a range over the past few months. One trader is betting on a move higher, and soon. That’s based on the July 2 $62.00 calls. With 16 days until expiration, over 58,560 contracts traded, a 264-fold rise in volume from the prior open interest of 223 contracts. The buyer of the calls paid about $0.27 for the contracts. With a recent share price near $58, shares would need to rise 7 percent for the ...
Read More About This
Unusual Options Activity: DropBox (DBX)
Shares of file-sharing company
DropBox (DBX) have been rising steeply in recent sessions. While shares are nearing overbought levels on a technical basis, at least one trader sees the potential for a move higher. That’s based on the October $35 calls. Over 11,660 contracts traded a 24-fold rise in volume from the prior open interest of 493. The buyer of the calls paid about $1.11 to make the trade. With shares rallying to just under $30, it will take another 16 percent rally ...
Read More About This
DropBox (DBX) have been rising steeply in recent sessions. While shares are nearing overbought levels on a technical basis, at least one trader sees the potential for a move higher. That’s based on the October $35 calls. Over 11,660 contracts traded a 24-fold rise in volume from the prior open interest of 493. The buyer of the calls paid about $1.11 to make the trade. With shares rallying to just under $30, it will take another 16 percent rally ...
Read More About This
Unusual Options Activity: Tesla Motors (TSLA)
Since surging to all-time highs over the past year, electric vehicle manufacturer
Tesla Motors (TSLA) has seen prices slide, twice hitting a low of around $550 before bouncing higher. One trader sees the potential for another test of that low. That’s based on the July 23 $600 puts. With 39 days until expiration, over 4,230 contracts traded, a 42-fold rise in volume from the prior open interest of 101 contracts. The buyer of the puts paid about $41.30 for the contracts. With shares ...
Read More About This
Tesla Motors (TSLA) has seen prices slide, twice hitting a low of around $550 before bouncing higher. One trader sees the potential for another test of that low. That’s based on the July 23 $600 puts. With 39 days until expiration, over 4,230 contracts traded, a 42-fold rise in volume from the prior open interest of 101 contracts. The buyer of the puts paid about $41.30 for the contracts. With shares ...
Read More About This
Unusual Options Activity: The Geo Group (GEO)
Shares of for-profit prison firm
The Geo Group (GEO) saw a massive jump in shares, with the stock price moving as much as 50 percent higher at times on Wednesday. At least one trader sees further jumps in shares likely in the next week. That’s based on the June 18th $20 calls. Over 12,200 contracts traded against a prior open interest of 110, for a similar 110-fold rise in volume. The buyer of the options paid about $0.23. With shares under $9, in ...
Read More About This
The Geo Group (GEO) saw a massive jump in shares, with the stock price moving as much as 50 percent higher at times on Wednesday. At least one trader sees further jumps in shares likely in the next week. That’s based on the June 18th $20 calls. Over 12,200 contracts traded against a prior open interest of 110, for a similar 110-fold rise in volume. The buyer of the options paid about $0.23. With shares under $9, in ...
Read More About This
Unusual Options Activity: Twitter (TWTR)
Social media giant
Twitter (TWTR) saw its shares drop heavily in late April, closing out a bearish chart signal. Now, shares are trending up again, and one trader sees the potential for a new all-time high this summer. That’s based on the August $80 calls. With 71 days until expiration, over 11,444 contracts traded, a 113-fold jump in volume from the prior open interest of 111. With shares just under $60, it would take a 33 percent rally for the option to ...
Read More About This
Twitter (TWTR) saw its shares drop heavily in late April, closing out a bearish chart signal. Now, shares are trending up again, and one trader sees the potential for a new all-time high this summer. That’s based on the August $80 calls. With 71 days until expiration, over 11,444 contracts traded, a 113-fold jump in volume from the prior open interest of 111. With shares just under $60, it would take a 33 percent rally for the option to ...
Read More About This
