Unusual Options Activity

Shares of beverage giant Coca-Cola (KO) have been trending higher since a small pullback in September. One trader sees that trend continuing in the next few weeks. That’s based on the November 26 $58 calls. With 21 days until expiration, over 65,980 contracts traded, a 371-fold rise from the prior interest of 178. The buyer of the calls paid $0.20 to make the trade. With shares in the low $56 range, they would need to rally about 3 percent for the option ...
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Shares of drugstore chain CVS Health Corporation (CVS) hit an all-time high in May, dipped, and have finally broken through to new highs. One trader sees that breakthrough continuing in the short run. That’s based on the November 12 $100 calls. With 8 days until expiration, over 34,095 contracts traded, a staggering 181-fold jump in volume from the prior open interest of 188. The buyer of the calls paid $0.33. With shares of the company around $91, they would need to rise ...
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Shares of wireless communications company BlackBerry (BB) have been trading relatively flat since a big surge higher at the start of the year and a smaller rally higher in May. One trader sees the possibility for another jump higher in shares in the coming weeks. That’s based on the November 26 $17 calls. Expiring in 23 days, over 4,465 contracts traded against a prior open interest of 101, for a 23-fold jump in volume. The buyer of the call paid $0.21 ...
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Shares of automaker Ford Motors (F) have more than doubled in the past year. One trader sees shares heading even higher in the months ahead. That’s based on the March $28 calls. With 136 days until expiration, over 12,695 contracts traded against a prior open interest of 137, for a 93-fold jump in volume. The buyer of the calls paid $0.14 to make the trade. With shares trading around $17, they’d need to surge another 64 percent for the option to move ...
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Shares of event sales company Live Nation Entertainment (LYV) have been trending higher in the past year. One trader sees the potential for a move higher from here. That’s based on the April $105 calls. With 164 days until expiration, over 5,498 contracts traded against a prior open interest of 153, for a 36-fold rise in volume. The buyer of the calls paid $8.95 for the trade. With shares right around $100, they’d only need to rally about 5 percent to hit ...
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Shares of social media firm Pinterest (PINS) saw some volatility last week. The stock soared on a potential takeover rumor, only to drop a bit when the potential for a deal passed. One trader sees further upside to shares in the month ahead. That’s based on the November 19 $48 calls. With 21 days until expiration, 4,016 contracts traded against a prior open interest of 124, for a 32-fold rise in volume. The buyer of the calls paid $2.01. Shares have been ...
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Shares of beverage and snack company PepsiCo (PEP) have been trending steadily higher in the past year, with a nice rally following earnings earlier this month. One trader sees that uptrend continuing, and quickly. That’s based on the November 5 $165 calls. Expiring in 8 days, over 22,426 contracts traded against a prior open interest of 196, for a 114-fold surge in volume. The buyer of the calls paid $0.30 to make the trade. With shares last going for around $161, the ...
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Shares of electric vehicle giant Tesla Motors (TSLA) hit a new all-time high on Monday on news of a massive sale of 100,000 vehicles to a rental car agency. One trader sees shares moving higher. That’s based on the January 2024 $680 calls. With 814 days until expiration, 13,322 contracts traded, a 125-fold jump in volume from the prior open interest of 107 contracts. The buyer of the calls paid $479, or $47,900 per contract, to make the trade. With the stock ...
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