Unusual Options Activity

Cryptocurrency miner Marathon Digital Holdings (MARA) has performed well in the past year, with a 38 percent move higher. One trader sees a continued move higher in the coming months. That’s based on the December $12 calls. With 175 days until expiration, 7,471 contracts traded compared to a prior open interest of 138, for a 54-fold rise in volume on the trade. The buyer of the calls paid $4.00 to make the bullish bet. Shares recently traded for $11.75, making this an ...
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Oil and gas exploration and development firm EQT Corporation (EQT) is up about 5 percent over the past year, underperforming the overall market. One trader sees shares trending down going into the fall. That’s based on the September $37 puts. With 86 days until expiration, 7,007 contracts traded compared to a prior open interest of 122, for a 57-fold rise in volume on the trade. The buyer of the puts paid $1.89 to make the bearish bet. Shares recently went for about ...
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IT services company Kyndryl Holdings (KD) is up 47 percent over the past year, about triple the move higher in the overall stock market. One trader sees a pullback in the coming weeks. That’s based on the July 21 $13 puts. With 31 days until expiration, 3,957 contracts traded compared to a prior open interest of 101, for a 34-fold rise in volume on the trade. The buyer of the puts paid $0.35 to make the bearish bet. Shares recently traded for ...
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Tech conglomerate Microsoft (MSFT) has been trending higher in recent sessions, even as it looks like the company’s potential merger with Activision Blizzard (ATVI) will face sufficient regulatory scrutiny to be scrapped. One trader sees shares reversing lower. That’s based on the July 21 $345 puts. With 31 days until expiration, 8,788 contracts traded compared to a prior open interest of 311 for a 28-fold rise in volume on the trade. The buyer of the puts paid $7.83. The trade comes as ...
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Bioplastics producer Danimer Scientific (DNMR) is down about 25 percent over the past year. One trader sees a potential rebound in next two months. That’s based on the August $4 calls. With 63 days until expiration, 10,001 contracts traded compared to a prior open interest of 116, for an 86-fold rise in volume on the trade. The buyer of the calls paid $0.25 to make the bullish bet. Shares recently went for about $3.00, so the stock would need to rise by ...
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Uranium producer Cameco (CCJ) just broke through to a new 52-week high. One trader is betting the rally will continue in the coming months. That’s based on the September $37 calls. With 91 days until expiration, 20,433 contracts traded compared to a prior open interest of 151, for a 135-fold jump higher in trading volume. The buyer of the calls paid $0.85 to make the bullish bet. Shares recently traded for about $31.50, so the stock would need to rise $5.50, or ...
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Regional bank Keycorp (KEY) is down nearly 40 percent over the past year, as banking stocks have been out of favor with the market. One trader sees the potential for another big drop by the end of the year. That’s based on the December $6 puts. With 184 days until expiration, 5,128 contracts traded compared to a prior open interest of 195, for a 26-fold rise in volume on the trade. The buyer of the calls paid $0.40. Shares recently traded for ...
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Building product and systems manufacturer Johnson Controls International (JCI) has moved 22 percent higher in the past year. One trader sees further upside ahead for shares in the next three months. That’s based on the October $67.50 calls. With 129 days until expiration, 11,121 contracts traded compared to a prior open interest of 114, for a 98-fold jump in volume in the past year. The buyer of the calls paid $2.00 to make the bullish bet. Shares recently traded for about $63.50, ...
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