Unusual Options Activity: Aflac (AFL)
Shares of supplemental insurance company
Aflac (AFL) are up 27 percent in the past year, fueled in part by a strong rally in recent weeks. One trader sees a pullback in the coming weeks. That’s based on the December $70 put. With 24 days until expiration, 2,539 contracts traded compared to a prior open interest of 101, for a 25-fold rise in volume on the trade. The buyer of the puts paid $1.33 to make the bearish bet. Shares recently traded for ...
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Aflac (AFL) are up 27 percent in the past year, fueled in part by a strong rally in recent weeks. One trader sees a pullback in the coming weeks. That’s based on the December $70 put. With 24 days until expiration, 2,539 contracts traded compared to a prior open interest of 101, for a 25-fold rise in volume on the trade. The buyer of the puts paid $1.33 to make the bearish bet. Shares recently traded for ...
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Unusual Options Activity: Alibaba Group Holding Limited (BABA)
Shares of Chinese internet retailer
Alibaba Group Holding Limited (BABA) are down over 45 percent in the past year. One trader sees a further decline in shares by mid-2024. That’s based on the June 2024 $60 puts. With 577 days until expiration, 3,147 contracts traded compared to a prior open interest of 126, for a 25-fold rise in volume on the trade. The buyer of the puts paid $8.48 to make the bet. Shares recently traded for about $85, so they would need ...
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Alibaba Group Holding Limited (BABA) are down over 45 percent in the past year. One trader sees a further decline in shares by mid-2024. That’s based on the June 2024 $60 puts. With 577 days until expiration, 3,147 contracts traded compared to a prior open interest of 126, for a 25-fold rise in volume on the trade. The buyer of the puts paid $8.48 to make the bet. Shares recently traded for about $85, so they would need ...
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Unusual Options Activity: Las Vegas Sands (LVS)
Shares of casino operator
Las Vegas Sands (LVS) are up nearly 12 percent over the past year, amid a general market decline. However, one trader sees a drop ahead for shares going into the end of the year. That’s based on the December 16th $44 puts. With 29 days until expiration, 7,035 contracts traded compared to a prior open interest of 258, for a 27-fold rise in volume on the trade. The buyer of the puts paid $2.48. Shares recently traded for about ...
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Las Vegas Sands (LVS) are up nearly 12 percent over the past year, amid a general market decline. However, one trader sees a drop ahead for shares going into the end of the year. That’s based on the December 16th $44 puts. With 29 days until expiration, 7,035 contracts traded compared to a prior open interest of 258, for a 27-fold rise in volume on the trade. The buyer of the puts paid $2.48. Shares recently traded for about ...
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Unusual Options Activity: Full Truck Alliance (YMM)
Shares of freight logistics platform
Full Truck Alliance (YMM) are down nearly 60 percent over the last year. One trader sees a rebound in shares in the next month. That’s based on the December $10 calls. With 29 days until expiration, 13,846 contracts traded compared to a prior open interest of 561, for a 25-fold rise in volume on the trade. The buyer of the calls paid $0.23 to make the trade. Shares recently traded around $7.25, so the stock would need to ...
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Full Truck Alliance (YMM) are down nearly 60 percent over the last year. One trader sees a rebound in shares in the next month. That’s based on the December $10 calls. With 29 days until expiration, 13,846 contracts traded compared to a prior open interest of 561, for a 25-fold rise in volume on the trade. The buyer of the calls paid $0.23 to make the trade. Shares recently traded around $7.25, so the stock would need to ...
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Unusual Options Activity: Fisker Inc (FSR)
Shares of electric vehicle manufacturer
Fisker (FSR) have lost 60 percent of their value in the past year. One trader sees a further drop ahead. That’s based on the December 16 $10 puts. With 30 days until expiration, 12,024 contracts traded compared to a prior open interest of 196, for a 61-fold rise in volume on the trade. The buyer of the puts paid $1.88 to make the bearish bet. Shares recently traded for about $8.50, meaning the options are about $1.50 in-the-money ...
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Fisker (FSR) have lost 60 percent of their value in the past year. One trader sees a further drop ahead. That’s based on the December 16 $10 puts. With 30 days until expiration, 12,024 contracts traded compared to a prior open interest of 196, for a 61-fold rise in volume on the trade. The buyer of the puts paid $1.88 to make the bearish bet. Shares recently traded for about $8.50, meaning the options are about $1.50 in-the-money ...
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Unusual Options Activity: Oracle (ORCL)
Shares of database software company
Oracle (ORCL) are up nearly 30 percent in the past month following the stock market’s strong rebound. One trader sees a short-term pullback ahead. That’s based on the December 2 $75 puts. With 17 days until expiration, 2,565 contracts traded compared to a prior open interest of 129, for a 20-fold rise in volume on the trade. The buyer of the puts paid $1.02 to make the bearish bet. Shares recently traded for just over $77, so ...
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Oracle (ORCL) are up nearly 30 percent in the past month following the stock market’s strong rebound. One trader sees a short-term pullback ahead. That’s based on the December 2 $75 puts. With 17 days until expiration, 2,565 contracts traded compared to a prior open interest of 129, for a 20-fold rise in volume on the trade. The buyer of the puts paid $1.02 to make the bearish bet. Shares recently traded for just over $77, so ...
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Unusual Options Activity: American Airlines Group (AAL)
Shares of
American Airlines Group (AAL) have been trading in a range over the past few months. One trader sees shares heading higher in the coming weeks. That’s based on the December 23 $17.50 calls. With 39 days until expiration, 11,589 contracts traded compared to a prior open interest of 100, for a 116-fold rise in volume on the trade. The buyer of the calls paid $0.22 to make the bullish bet. The stock recently traded for about $15, so shares would ...
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American Airlines Group (AAL) have been trading in a range over the past few months. One trader sees shares heading higher in the coming weeks. That’s based on the December 23 $17.50 calls. With 39 days until expiration, 11,589 contracts traded compared to a prior open interest of 100, for a 116-fold rise in volume on the trade. The buyer of the calls paid $0.22 to make the bullish bet. The stock recently traded for about $15, so shares would ...
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Unusual Options Activity: Robinhood Markets (HOOD)
Shares of brokerage
Robinhood Markets (HOOD) have been slammed in recent sessions amid a selloff in cryptocurrencies. One trader sees a further decline in the coming months. That’s based on the February 2023 $4 puts. With 98 days until expiration, 3,284 contracts traded compared to a prior open interest of 150, for a 22-fold rise in volume on the trade. The buyer of the puts paid $0.65 to make the bet. Shares recently traded just over $8, so the stock would need to ...
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Robinhood Markets (HOOD) have been slammed in recent sessions amid a selloff in cryptocurrencies. One trader sees a further decline in the coming months. That’s based on the February 2023 $4 puts. With 98 days until expiration, 3,284 contracts traded compared to a prior open interest of 150, for a 22-fold rise in volume on the trade. The buyer of the puts paid $0.65 to make the bet. Shares recently traded just over $8, so the stock would need to ...
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