Unusual Options Activity

Oil and gas refiner Valero Energy (VLO) is up 26% over the past year, about in-line with the overall market. One trader sees shares surging in the months ahead. That’s based on the June $190 calls. With 93 days until expiration, 21,675 contracts traded compared to a prior open interest of 120, for a 180-fold rise in volume on the trade. The buyer of the calls paid $3.25 to make the bullish bet. Valero shares recently traded for about $166, meaning shares ...
Read More

Online auction site eBay (EBAY) is up 24% over the last year, slightly lagging the overall market. One trader sees shares trending higher through the end of next year. That’s based on the January 2026 $50 calls. With 668 days until expiration, 4,709 contracts traded compared to a prior open interest of 212, for a 22-fold rise in volume on the trade. The buyer of the calls paid $10.70 to make the bullish bet. eBay shares recently traded for just over $52, ...
Read More

Regional airline JetBlue (JBLU) has traded flat over the past year, far underperforming the overall stock market. One trader sees shares trending higher in the coming weeks. That’s based on the April 12 $7.50 calls. With 25 days until expiration, 12,135 contracts traded compared to a prior open interest of 168, for a 72-fold rise in volume on the trade. The buyer of the calls paid $0.23 to make the bullish bet. JetBlue shares recently traded for about $7.20, so the stock ...
Read More

Utility producer The AES Corporation (AES) is down 30 percent over the past year as higher interest rates have weighed on the sector. One trader sees shares trending higher in the coming weeks. That’s based on the April $16 calls. With 35 days until expiration, 5,378 contracts traded compared to a prior open interest of 127, for a 42-fold rise in volume on the trade. The buyer of the calls paid $0.60 to make the bullish bet. AES Corporation shares recently traded ...
Read More

Uranium producer Cameco (CCJ) is up 60 percent over the past year. But shares are down about 20 percent in the past month. One trader sees shares resuming their uptrend in the coming months. That’s based on the September $48 calls. With 190 days until expiration, 10,094 contracts traded compared to a prior open interest of 159, for a 63-fold rise in volume on the trade. The buyer of the calls paid $3.40 to make the bullish bet. Cameco recently traded for ...
Read More

Regional bank Fifth Third Bancorp (FITB) is up 38 percent over the past year, beating the overall market. One trader sees shares continuing to perform well in the weeks ahead. That’s based on the April $38 calls. With 37 days until expiration, 13,840 contracts traded compared to a prior open interest of 104, for a massive 133-fold rise in volume on the trade. The buyer of the calls paid $0.97 to make the bullish bet. FITB shares recently traded just under $37, ...
Read More

Shares of hotel operator Hilton Worldwide Holdings (HLT) are up 45 percent over the past year, significantly outperforming the overall market. One trader is betting on a further rally in the coming months. That’s based on the June $185 calls. With 101 days until expiration, 15,019 contracts traded compared to a prior open interest of 249, for a 60-fold rise in volume on the trade. The buyer of the calls paid $26.00 to make the bullish bet. Hilton shares recently broke to ...
Read More

Shares of New York Community Bank (NYCB) have been under pressure in recent months. One trader is betting that shares will see some further downside this year. That’s based on the January 2025 $2.50 puts. With 312 days until expiration, 39,135 contracts traded compared to a prior open interest of 356, for a 110-fold rise in volume on the trade. The buyer of the puts paid $0.40 to make the bearish bet. NYCB recently traded for about $3.60, so shares would need ...
Read More