Unusual Options Activity

Regional bank KeyCorp (KEY) has lost 30 percent over the past year amid rising interest rates and investor fear over smaller banks. One trader sees further downside in the coming weeks. That’s based on the March 1 $13 puts. With 22 days until expiration, 7,590 contracts traded compared to a prior open interest of 121, for a 63-fold rise in volume on the trade. The buyer of the puts paid $0.29 to make the bearish bet. KeyCorp shares recently traded for about ...
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Social media operator Meta Platforms (META) has been soaring higher following its latest earnings beat and after announcing it will start paying a dividend. One trader sees shares rising further in the coming weeks. That’s based on the March 1 $465 calls. With 23 days until expiration, 4,832 contracts traded compared to a prior open interest of 185, for a 26-fold rise in volume on the trade. The buyer of the calls paid $12.95. Meta shares recently traded for about $460, so ...
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Digital media advertisement app The Trade Desk (TTD) is up 33 percent over the past year. One trader sees further upside ahead for shares in the coming months. That’s based on the April $60 calls. With 72 days until expiration, 20,206 contracts traded compared to a prior open interest of 272, for a 74-fold rise in volume on the trade. The buyer of the calls paid $13.40 to make the bullish bet. The Trade Desk shares recently traded for around $70, meaning ...
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Telecom operator AT&T (T) is down 13 percent over the past year, but shares are trending higher following strong earnings. One trader sees further upside in the coming weeks. That’s based on the March $19 calls. With 38 days until expiration, 323,242 contracts traded compared to a prior open interest of 1,536, for a massive 210-fold surge in volume on the trade. The buyer of the calls paid $0.19 to make the bullish bet. AT&T shares recently traded for about $18, so ...
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Oil and gas giant Chevron (CVX) is down 12 percent over the past year as energy prices have trended lower. One trader is betting on a further decline in the months ahead. That’s based on the September $105 puts. With 230 days until expiration, 3,000 contracts traded compared to a prior open interest of 1,005, for a 29-fold rise in volume on the trade. The buyer of the puts paid $0.88 to make the bearish bet. Chevron recently traded for about $147, ...
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Cruise ship operator Carnival Corporation (CCL) has soared in the past year, with shares up 53 percent. One trader sees shares cruising higher in the coming weeks. That’s based on the March $15 calls. With 42 days until expiration, 50,159 contracts traded compared to a prior open interest of 1,014, for a 49-fold rise in volume on the trade. The buyer of the calls paid $2.05 to make the bullish bet. With Carnival shares trading for about $16.50, the option is already ...
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Aerospace and defense contractor Lockheed Martin (LMT) is down 6 percent over the past year, and shares have dropped in recent weeks. One trader sees a rebound in the weeks ahead. That’s based on the March $430 calls. With 44 days until expiration, 9,167 contracts traded compared to a prior open interest of 263, for a 35-fold rise in volume on the trade. The buyer of the calls paid $8.70 to make the bullish bet. Lockheed shares recently traded for about $428, ...
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Chipmaker Intel (INTC) sold off heavily last week following the company’s latest earnings. One trader sees shares rebounding from their recent drop. That’s based on the February 23 $46 calls. With 24 days until expiration, 9,463 contracts traded compared to a prior open interest of 194, for a 49-fold rise in volume on the trade. The buyer of the calls paid $0.81 to make the bullish bet. Intel recently traded for about $43.50, so shares would need to rise about $2.50 or ...
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