Unusual Options Activity

Clothing retailer The Gap (GPS) has outperformed the market this year, with a 30 percent gain. One trader sees shares pulling back in the next few weeks. That’s based on the October 20 $10.50 puts. With 17 days until expiration, 16,663 contracts traded compared to a prior open interest of 432, for a 39-fold rise in volume on the trade. The buyer of the puts paid $0.50 to make the bearish be Shares recently traded at about $10.50, so the stock would ...
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Shares of media giant The Walt Disney Company (DIS) have sunk to a 52-week low near $80 per share. One trader sees the potential for a rebound in the weeks ahead. That’s based on the November 3 $82 calls. With 32 days until expiration, 13,519 contracts traded compared to a prior open interest of 463, for a 29-fold rise in volume on the trade. The buyer of the calls paid $2.05 to make the bullish bet. With Disney stock going for $80, ...
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Shares of cell tower REIT American Tower Corporation (AMT) hit a 52-week low on Wednesday. One trader is betting on a rebound in the weeks ahead. That’s based on the October 20 $165 calls. With 21 days until expiration, 7,796 contracts traded compared to a prior open interest of 141, for a 55-fold rise in volume on the trade. The buyer of the calls paid $2.60 to make the bullish bet. Shares recently traded for about $160, so shares would need to ...
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Shares of American Airlines (AAL) have recently slumped to a six-month low, having lost nearly one-third of their value since July. One trader is betting on a further decline in the weeks ahead. That’s based on the October 27 $11.50 puts. With 29 days until expiration, 20,041 contracts traded compared to a prior open interest of 728, for a 28-fold rise in volume on the trade. The buyer of the puts paid $0.24 to make the bearish bet. Shares recently dropped to ...
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Healthcare facility real estate investment trust (REIT) Medical Properties Trust (MPW) has lost over half its value in the past year amid rising interest rates. One trader sees further downside in the weeks ahead. That’s based on the November $4 puts. With 51 days until expiration, 50,467 contracts traded compared to a prior open interest of 596, for an 85-fold rise in volume on the trade. The buyer of the puts paid $0.25 to make the bearish bet. Shares recently traded for ...
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Retail chain TJX Companies (TJX) is up nearly 50 percent over the past year, although the stock has come down in the past few weeks. One trader sees a strong rebound in the coming weeks. That’s based on the October $96 calls. With 24 days left until expiration, 20,393 contracts traded compared to a prior open interest of 235, for an 87-fold rise in volume on the trade. The buyer of the calls paid $0.12 to make the bullish bet. Shares recently ...
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Big data firm Palantir Technologies (PLTR) has doubled over the past year, but shares are well off their highs and have slid in recent weeks. One trader sees further weakness ahead. That’s based on the October $12.50 puts. With 25 days until expiration, 9,233 contracts traded compared to a prior open interest of 148, for a 62-fold rise in volume on the trade. The buyer of the puts paid $0.29 to make the bearish bet. Shares recently traded for about $14.00. So ...
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Medical device manufacturer Edwards Lifesciences (EW) is down 14 percent over the past year, with shares taking a beating in recent sessions. One trader sees a potential rebound ahead in the coming weeks. That’s based on the October $82.50 calls. With 28 days until expiration, 5,738 contracts traded compared to a prior open interest of 209, for a 27-fold rise in volume on the trade. The buyer of the calls paid $0.55 to make the bullish bet. Edwards shares recently traded for ...
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