Unusual Options Activity: Sotera Health Company (SHC)
Shares of healthcare diagnostics company
Sotera Health Company (SHC) have slid 15 percent over the past year, performing worse than the S&P 500. One trader sees a further decline ahead. That’s based on the August $17.50 put. With 191 days until expiration, 3,955 contracts traded compared to a prior open interest of 151, for a 26-fold rise in volume on the trade. The buyer of the puts paid $2.35 to make the bearish bet. Shares recently traded for about $18, so Sotera ...
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Sotera Health Company (SHC) have slid 15 percent over the past year, performing worse than the S&P 500. One trader sees a further decline ahead. That’s based on the August $17.50 put. With 191 days until expiration, 3,955 contracts traded compared to a prior open interest of 151, for a 26-fold rise in volume on the trade. The buyer of the puts paid $2.35 to make the bearish bet. Shares recently traded for about $18, so Sotera ...
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Unusual Options Activity: Sketchers U.S.A (SKX)
Shares of footwear and accessory company
Sketchers U.S.A. (SKX) are up about 11 percent over the past year. One trader sees a decline in the months ahead. That’s based on the April $39 put options. With 74 days until expiration, 2,003 contracts traded compared to a prior open interest of 104, for a 19-fold rise in volume on the trade. The buyer of the puts paid $0.75 to make the downside bet. The stock last traded just under $45, so shares would need ...
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Sketchers U.S.A. (SKX) are up about 11 percent over the past year. One trader sees a decline in the months ahead. That’s based on the April $39 put options. With 74 days until expiration, 2,003 contracts traded compared to a prior open interest of 104, for a 19-fold rise in volume on the trade. The buyer of the puts paid $0.75 to make the downside bet. The stock last traded just under $45, so shares would need ...
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Unusual Options Activity: Riot Platforms (RIOT)
Shares of cryptocurrency mining company
Riot Platforms (RIOT) have been cut in half over the past year, even with shares more than double off their recent low. One trader sees the current rally continuing. That’s based on the September $8 calls. With 221 days until expiration, 7,034 contracts traded compared to a prior open interest of 195, for a 36-fold rise in volume on the trade. The buyer of the calls paid $1.96 to make the bullish bet. Shares recently went for about ...
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Riot Platforms (RIOT) have been cut in half over the past year, even with shares more than double off their recent low. One trader sees the current rally continuing. That’s based on the September $8 calls. With 221 days until expiration, 7,034 contracts traded compared to a prior open interest of 195, for a 36-fold rise in volume on the trade. The buyer of the calls paid $1.96 to make the bullish bet. Shares recently went for about ...
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Unusual Options Activity: Wayfair (W)
Shares of internet retailer
Wayfair (W) are down 60 percent over the past year. One trader sees that trend continuing over the next few months. That’s based on the May $50 puts. With 105 days until expiration, 14,221 contracts traded compared to a prior open interest of 416, for a 34-fold rise in volume on the trade. The buyer of the puts paid $5.05 to make the bearish bet. Shares recently traded for about $66, so they’d need to fall about 25 percent ...
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Wayfair (W) are down 60 percent over the past year. One trader sees that trend continuing over the next few months. That’s based on the May $50 puts. With 105 days until expiration, 14,221 contracts traded compared to a prior open interest of 416, for a 34-fold rise in volume on the trade. The buyer of the puts paid $5.05 to make the bearish bet. Shares recently traded for about $66, so they’d need to fall about 25 percent ...
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Unusual Options Activity: Macy’s (M)
Shares of department store chain
Macy’s (M) are down about in-line with the overall stock market over the last year. One trader sees a further decline ahead. That’s based on the May $19 puts. With 105 days until expiration, 20,012 contracts traded compared to a prior open interest of 346, for a 58-fold jump in volume on the trade. The buyer of the puts paid $0.77 to make the bearish bet. Shares recently traded for about $23.50, so they’d need to fall about ...
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Macy’s (M) are down about in-line with the overall stock market over the last year. One trader sees a further decline ahead. That’s based on the May $19 puts. With 105 days until expiration, 20,012 contracts traded compared to a prior open interest of 346, for a 58-fold jump in volume on the trade. The buyer of the puts paid $0.77 to make the bearish bet. Shares recently traded for about $23.50, so they’d need to fall about ...
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Unusual Options Activity: United Parcel Service (UPS)
Shares of package delivery company
United Parcel Service (UPS) are down about 10 percent over the past year. One trader sees a move higher for shares in the months ahead. That’s based on the March $195 calls. With 43 days until expiration, 33,836 contracts traded compared to a prior open interest of 130, for a staggering 261-fold rise in volume on the option. The buyer of the calls paid $1.45 to make the bullish bet. UPS shares recently traded for about $177, ...
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United Parcel Service (UPS) are down about 10 percent over the past year. One trader sees a move higher for shares in the months ahead. That’s based on the March $195 calls. With 43 days until expiration, 33,836 contracts traded compared to a prior open interest of 130, for a staggering 261-fold rise in volume on the option. The buyer of the calls paid $1.45 to make the bullish bet. UPS shares recently traded for about $177, ...
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Unusual Options Activity: QuantumScape (QS)
Shares of battery technology company
QuantumScape (QS) have lost over 40 percent of their value in the past year, although shares have recently bounced more than 50 percent higher off their lows. One trader sees a further decline ahead. That’s based on the March $9 puts. With 44 days until expiration, 13,951 contracts traded compared to a prior open interest of 259, for a 54-fold rise in volume on the trade. The buyer of the puts paid $1.42. Shares recently traded for about ...
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QuantumScape (QS) have lost over 40 percent of their value in the past year, although shares have recently bounced more than 50 percent higher off their lows. One trader sees a further decline ahead. That’s based on the March $9 puts. With 44 days until expiration, 13,951 contracts traded compared to a prior open interest of 259, for a 54-fold rise in volume on the trade. The buyer of the puts paid $1.42. Shares recently traded for about ...
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Unusual Options Activity: AngloGold Ashanti (AU)
Gold mining company
AngloGold Ashanti (AU) has fared well in the past year, with a 20 percent gain. One trader sees a pullback in the coming months. That’s based on the April $20 puts. With 80 days until expiration, 5,002 contracts traded compared to a prior open interest of 115, for a 44-fold rise in volume on the trade. The buyer of the puts paid $0.90 to make the bearish bet. Shares currently trade just under $22, so they’d need to drop nearly ...
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AngloGold Ashanti (AU) has fared well in the past year, with a 20 percent gain. One trader sees a pullback in the coming months. That’s based on the April $20 puts. With 80 days until expiration, 5,002 contracts traded compared to a prior open interest of 115, for a 44-fold rise in volume on the trade. The buyer of the puts paid $0.90 to make the bearish bet. Shares currently trade just under $22, so they’d need to drop nearly ...
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