Unusual Options Activity: Hanesbrands Inc (HBI)
Shares of apparel company
Hanesbrands Inc (HBI) have lost 60 percent of their value in the past year. One trader sees a further decline in shares in the next few weeks. That’s based on the December 16 $5 put options. With 36 days until expiration, 8,489 contracts traded compared to a prior open interest of 101, for an 84-fold rise in volume on the trade. The buyer of he puts paid $0.08 to make the bet. Shares recently traded for just over $7, ...
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Hanesbrands Inc (HBI) have lost 60 percent of their value in the past year. One trader sees a further decline in shares in the next few weeks. That’s based on the December 16 $5 put options. With 36 days until expiration, 8,489 contracts traded compared to a prior open interest of 101, for an 84-fold rise in volume on the trade. The buyer of he puts paid $0.08 to make the bet. Shares recently traded for just over $7, ...
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Unusual Options Activity: Starbucks (SBUX)
Shares of coffee chain
Starbucks (SBUX) have rebounded strongly off of earnings in the past few days. One trader sees a further rally in shares over the months ahead. That’s based on the March $115 calls. With 127 days until expiration, 86,914 contracts traded compared to a prior open interest of 330, for a staggering 263-fold jump in volume on the trade. The buyer of the calls paid $0.89 to make the bet. Shares recently traded around $90, so they would need ...
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Starbucks (SBUX) have rebounded strongly off of earnings in the past few days. One trader sees a further rally in shares over the months ahead. That’s based on the March $115 calls. With 127 days until expiration, 86,914 contracts traded compared to a prior open interest of 330, for a staggering 263-fold jump in volume on the trade. The buyer of the calls paid $0.89 to make the bet. Shares recently traded around $90, so they would need ...
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Unusual Options Activity: Alphabet (GOOG)
Shares of search engine giant
Alphabet (GOOG) have shed 44 percent of their price in the past year. One trader sees a further decline ahead for shares in the next month. That’s based on the December 9 $80 puts. With 31 days until expiration, 12,579 shares traded compared to a prior open interest of 183, for a 68-fold jump in volume on the trade. The buyer of the puts paid $1.42 to make the bearish bet. Shares recently traded just over $86, ...
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Alphabet (GOOG) have shed 44 percent of their price in the past year. One trader sees a further decline ahead for shares in the next month. That’s based on the December 9 $80 puts. With 31 days until expiration, 12,579 shares traded compared to a prior open interest of 183, for a 68-fold jump in volume on the trade. The buyer of the puts paid $1.42 to make the bearish bet. Shares recently traded just over $86, ...
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Unusual Options Activity: Devon Energy Corporation (DVN)
Shares of oil and gas exploration company
Devon Energy Corporation (DVN) are up about 60 percent in the past year. One trader sees a further rally in shares in the coming weeks. That’s based on the November 25 $76 calls. With 18 days until expiration, 14,059 contracts traded compared to a prior open interest of 243, for a 45-fold rise in volume on the trade. The buyer of the calls paid $1.23 to make the bullish bet. Shares recently traded near $71, so ...
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Devon Energy Corporation (DVN) are up about 60 percent in the past year. One trader sees a further rally in shares in the coming weeks. That’s based on the November 25 $76 calls. With 18 days until expiration, 14,059 contracts traded compared to a prior open interest of 243, for a 45-fold rise in volume on the trade. The buyer of the calls paid $1.23 to make the bullish bet. Shares recently traded near $71, so ...
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Unusual Options Activity: Advanced Micro Devices (AMD)
Shares of semiconductor company
Advanced Micro Devices (AMD) have lost more than half their value in the past year. One trader sees a rebound in the months ahead. That’s based on the March 2023 $55 calls. With 133 days until expiration, 20,093 contracts traded compared to a prior open interest of 541, for a 37-fold rise in volume on the trade. The buyer of the calls paid $10.63 to make the trade. The stock last traded just over $68.50, meaning the options Read More About This
Advanced Micro Devices (AMD) have lost more than half their value in the past year. One trader sees a rebound in the months ahead. That’s based on the March 2023 $55 calls. With 133 days until expiration, 20,093 contracts traded compared to a prior open interest of 541, for a 37-fold rise in volume on the trade. The buyer of the calls paid $10.63 to make the trade. The stock last traded just over $68.50, meaning the options Read More About This
Unusual Options Activity: Meta Platforms (META)
Shares of social media company
Meta Platforms (META) sank to a new 52-week low after earnings last week. One trader sees a further decline over the next year. That’s based on the January 2024 $25 put. With 442 days until expiration, 2,291 contracts traded compared to a prior open interest of 162, for a 14-fold rise in volume on the trade. The buyer of the puts paid $0.59 to make the trade. Shares recently traded just over $95, so the stock would need ...
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Meta Platforms (META) sank to a new 52-week low after earnings last week. One trader sees a further decline over the next year. That’s based on the January 2024 $25 put. With 442 days until expiration, 2,291 contracts traded compared to a prior open interest of 162, for a 14-fold rise in volume on the trade. The buyer of the puts paid $0.59 to make the trade. Shares recently traded just over $95, so the stock would need ...
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Unusual Options Activity: Daqo New Energy Corp (DQ)
Shares of Chinese semiconductor company
Daqo New Energy Corp (DQ) are down nearly 40 percent in the past year. One trader sees a potential rebound ahead. That’s based on the December 16th $50 calls. With 44 days until expiration, 2,849 contracts traded compared to a prior open interest of 113, for a 25-fold rise in volume on the trade. The buyer of the calls paid $2.28 to get in. Shares recently traded for about $44, so they’d need to rise $6, or about ...
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Daqo New Energy Corp (DQ) are down nearly 40 percent in the past year. One trader sees a potential rebound ahead. That’s based on the December 16th $50 calls. With 44 days until expiration, 2,849 contracts traded compared to a prior open interest of 113, for a 25-fold rise in volume on the trade. The buyer of the calls paid $2.28 to get in. Shares recently traded for about $44, so they’d need to rise $6, or about ...
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Unusual Options Activity: Star Bulk Carriers (SBLK)
Shares of marine shipping company
Star Bulk Carriers (SBLK) are down about 14 percent in the past year, as shipping rates have started to come off extreme highs. One trader sees an even bigger drop for shares ahead. That’s based on the December 16th $16 puts. With 45 days until expiration, 6,761 contracts traded compared to a prior open interest of 102, for a 66-fold rise in volume on the trade. The buyer of the puts paid $1.60. Shares recently went for ...
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Star Bulk Carriers (SBLK) are down about 14 percent in the past year, as shipping rates have started to come off extreme highs. One trader sees an even bigger drop for shares ahead. That’s based on the December 16th $16 puts. With 45 days until expiration, 6,761 contracts traded compared to a prior open interest of 102, for a 66-fold rise in volume on the trade. The buyer of the puts paid $1.60. Shares recently went for ...
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