Unusual Options Activity

Airline operator Delta Air Lines (DAL) is up 24% over the past year, but the recent market pullback has taken shares down well off their peak. One trader is betting on a rebound in the weeks ahead. That’s based on the May $60 calls. With 66 days until expiration, 11,787 contracts traded compared to a prior open interest of 185, for a 64-fold rise in volume on the trade. The buyer of the calls paid $1.85 to make the bullish bet. Delta ...
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Oil and gas exploration and production company Noble Corporation (NE) has seen shares get cut in half over the past year as energy prices have been trending lower overall. One trader sees further weakness over the coming weeks. That’s based on the April $20 puts. With 38 days until expiration, 9,117 contracts traded compared to a prior open interest of 285, for a 32-fold rise in volume on the trade. The buyer of the puts paid $0.65 to make the bearish ...
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Wall Street megabank JPMorgan Chase (JPM) is up 33% over the past year. One trader is betting shares will cool off in the months ahead. That’s based on the May $230 puts. With 70 days until expiration, 5,067 contracts traded compared to a prior open interest of 179, for a 28-fold rise in volume on the trade. The buyer of the puts paid $4.70 to make the bearish bet. JPMorgan Chase shares recently traded for about $252, so shares would need to ...
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Digital lending platform SoFi Technologies (SOFI) has been on a tear, with shares up over 85% in the past year. One trader sees the stock pulling back over the coming weeks. That’s based on the March $11.50 puts. With 15 days until expiration, 64,248 contracts traded compared to a prior open interest of 302, for a giant 213-fold jump in volume on the trade. The buyer of the puts paid $0.24 to make the bearish bet. SoFi shares recently traded for about ...
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Market intelligence platform ZoomInfo Technologies (ZI) is down 30% over the past year. One trader sees shares sliding lower in the months ahead. That’s based on the May $10 puts. With 72 days until expiration, 11,555 contracts traded compared to a prior open interest of 105, for a massive 110-fold rise in volume on the trade. The buyer of the puts paid $0.44 to make the bearish bet. ZoomInfo shares recently traded for about $11.50, so the stock would need to decline ...
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Specialty display manufacturer Corning (GLW) is up 51% over the past year, far outperforming the overall stock market. One trader is betting on a further rally in the quarters ahead. That’s based on the November $60 calls. With 262 days until expiration, 22,922 contracts traded compared to a prior open interest of 191, for a massive 120-fold rise in volume on the trade. The buyer of the calls paid $1.90 to make the bullish bet. Corning shares recently traded for about $50, ...
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Ride share company Lyft (LYFT) is down 20% over the past year, although shares are well off their lows from last summer. One trader sees the stock trending higher over the coming days. That’s based on the March $14.50 calls. With 18 days until expiration, 5,625 contracts traded compared to a prior open interest of 203, for a 28-fold rise in volume on the trade. The buyer of the calls paid $0.42 to make the bullish bet. Lyft shares recently traded for ...
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Electric vehicle manufacturer Lucid Group (LCID) is down 20% over the past year as the company struggles to increase production. One trader sees shares sliding further into the summer. That’s based on the August $2 puts. With 134 days until expiration, 10,781 contracts traded compared to a prior open interest of 136, for a 79-fold rise in volume on the trade. The buyer of the puts paid $0.36 to make the bearish bet. Lucid shares recently traded for about $2.20, so the ...
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