Unusual Options Activity

Shares of hotel chain Hilton Worldwide Holdings (HLT) have been gradually rising over the past year. One trader is betting that the steady move higher will continue over the next year. That’s based on the January 2023 $150 calls. With 428 days until expiation, 8,790 contracts traded against a prior open interest of 155, marking a 57-fold jump in volume. The buyer of the calls paid $16.15 for the trade. With shares around $142, the option will move in-the-money on less than ...
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Shares of graphics processing company Nvidia (NVDA) have seen a big move higher since tech stocks rebounded in the past two months. One trader sees the possibility of a sizeable pullback here. That’s based on the February $320 puts. With 93 days left until expiration, over 5,010 contracts traded against a prior open interest of 104, for a 48-fold rise in volume. The buyer of the puts paid $40.68 for the contracts on average. With shares around $300 at the moment, the ...
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Shares of pot producer Aurora Cannabis (ACB) have been trending higher in the past few weeks, thanks to strong earnings in the sector. One trader sees shares moving even higher in the coming weeks. That’s based on the December 3 $9.00 calls. Over 26,340 contracts traded against an open interest of 199, for a 221-fold jump in volume. The trade has 17 days left to play out. The buyer of the calls paid $0.70 to make the trade. With shares already rallying ...
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Shares of entertainment giant The Walt Disney Company (DIS) shed over 7 percent on Thursday following lackluster earnings. Traders were active in the options market, betting that shares would soon rebound. Of several highly active trades in the company, the February $165 calls attracted 4,488 contracts against a prior interest of 111, for a 40-fold jump in volume. The buyer of the calls paid $7.85 to make the trade, which expires in 95 days. With the stock knocked down to about $162, ...
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Shares of gold mining company SSR Mining (SSRM) have been trending higher in recent days, likely fueled by a rising price of gold. One trader sees the potential for a bigger move higher in the coming months. That’s based on the March $20 calls. With 125 days until expiration, 5,555 contracts traded against an open interest of 105, for a 53-fold jump in volume. The buyer of the calls paid $1.33 to make the trade. The Canadian-based gold mining company has seen ...
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Shares of clothing retailing chain The TJX Companies (TJX) have been somewhat range-bound this year, but have been rallying to the higher end of their range in the past few weeks. One trader sees the chance for a further rally past the holiday season. That’s based on the January $82.50 calls. With 71 days until expiration, 7,542 contracts traded against a prior open interest of 233, for a 34-fold rise in volume. The buyer of the calls paid $0.39 to make ...
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Shares of semiconductor firm Micron Technology (MU) have been trending higher in recent weeks, reversing a longer-term declining trend this year. One trader sees a continued move higher this month. That’s based on the November 26 $80 calls. Expiring in 16 days, 50,100 contracts traded hands, a 219-fold jump in volume from the prior open interest of 229. The buyer of the calls paid $0.71 to make the trade. With shares of Micron around $74.50, shares would need to rally another 7.3 ...
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Shares of uranium producer Cameco (CCJ) have continued their strong move higher this year. One trader sees that rally continuing into next year. That’s based on the March $33 calls. With 129 days until expiration, 15,000 contracts traded against an open interest of 175, for an 86-fold jump in volume. The buyer of the calls paid $2.17 for the trade. Part of the move higher comes following a plan from China announcing the creation of more nuclear power plants. And there are ...
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