Unusual Options Activity

AI software company C3.ai (AI) is down 23% over the past year as the early stage company has struggled to move to profitability. One trader is betting on a move higher in shares over the coming months. That’s based on the June $25 calls. With 91 days until expiration, 37,044 contracts traded compared to a prior open interest of 394, for a 94-fold rise in volume on the trade. The buyer of the calls paid $2.40 to make the bullish bet. C3.ai ...
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Gold prices have been trending higher over the past few months, as have many gold stocks like Alamos Gold (AGI). Shares are up 97% over the past 12 months, and one trader sees further upside over the coming months. That’s based on the November $30 calls. With 246 days until expiration, 4,861 contracts traded compared to a prior open interest of 101, for a 48-fold rise in volume on the trade. The buyer of the calls paid $1.95 to make the ...
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Advertiser software platform AppLovin Corporation (APP) is up over 330% in the past year, although shares have recently pulled back with the overall market. One trader sees a rebound back to old highs toward the end of the year. That’s based on the November $500 calls. With 247 days until expiration, 6,400 contracts traded compared to a prior open interest of 168, for a 38-fold rise in volume on the trade. The buyer of the calls paid $29.90 to make the ...
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Frozen potato producer and distributor Lamb Weston Holdings (LW) is down over 50% in the past year. With food prices starting to fall on a year-over-year basis, one trader sees further downside ahead. That’s based on the July $42.50 puts. With 122 days until expiration, 17,609 contracts traded compared to a prior open interest of 159, for a massive 111-fold rise in volume on the trade. The buyer of the puts paid $2.20 to make the bearish bet. Lamb Weston shares recently ...
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Credit service provider Discover Financial Services (DFS) is up 33% over the past year, and just fell 20% off its recent highs. One trader sees shares trending lower over the coming weeks. That’s based on the April $150 puts. With 31 days until expiration, 7,400 contracts traded compared to a prior open interest of 146, for a 51-fold rise in volume on the trade. The buyer of the puts paid $7.80 to make the bearish bet. Discover shares recently traded for about ...
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Aluminum producer Alcoa Corporation (AA) is up 11% over the past year but has had some big swings up and down. One trader sees trending higher in the weeks ahead. That’s based on the May $40 calls. With 63 days until expiration, 10,039 contracts traded compared to a prior open interest of 305, for a 33-fold rise in volume on the trade. The buyer of the calls paid $0.90 to make the bullish bet. Alcoa shares recently traded for about $33, so ...
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Semiconductor developer and manufacturer Arm Holdings (ARM) is down 14% over the past year, as shares have recently given up their recent gains. One trader sees a rebound into the summer. That’s based on the August $125 calls. With 155 days until expiration, 4,189 contracts traded compared to a prior open interest of 129, for a 32-fold rise in volume on the trade. The buyer of the calls paid $14.70 to make the bullish bet. Arm shares recently traded for about $112, ...
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Uranium producer Cameco (CCJ) is flat over the past year, having given up recent gains and going back to last summer’s lows. One trader sees a further decline in the weeks ahead. That’s based on the May $37 puts. With 65 days until expiration, 14,310 contracts traded compared to a prior open interest of 294, for a 49-fold rise in volume on the trade. The buyer of the puts paid $2.05 to make the bearish bet. Cameco shares recently traded for about ...
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