Unusual Options Activity

Shares of biotech firm Gilead Sciences (GILD) have been trending gradually higher over the past few months, with shares now at a 52-week high. One trader see the possibility for further profits in the coming months. That’s based on the October $80 calls. With 56 days on the clock, over 7,098 contracts traded compared to an open interest of 173, for a 41-fold surge in volume. The buyer of the calls paid about $0.42 to make the trade. With shares around $72, ...
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Shares of event sales platform Live Nation Entertainment (LYV) have pulled back in recent weeks, likely due to a rise in Covid cases. One trader sees shares shaking off their recent fears and heading higher. That’s based on the January 2023 $95 calls. With 519 days until expiration, over 12,690 contracts traded against a prior open interest of 280 for a 45-fold surge in volume. The buyer of the calls paid about $11.25 to make the trade. Shares have pulled back to ...
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Shares of plant-based meat alternative Beyond Meat (BYND) have been trading in a range over the past year, and are now trading near the lower end of their range. One trader sees the possibility for a big move higher in the coming months. That’s based on the December $150 calls. With 121 days until expiration, over 4,975 contracts traded compared to a prior open interest of 106 contracts, for a 47-fold rise in volume. The buyer of the calls paid about $4.70 ...
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Shares of media and cable company Comcast (CMCSA) have been moving steadily higher over the past year. One trader expects that trend to continue in the next few months. That’s based on the November $57.50 calls. With just under 100 days until expiration, 9,415 contracts traded against an open interest of 331, for a 28-fold rise in volume. The buyer of the calls paid about $3.60 to make the trade. With shares around $59.30, the option is nearly $2.00 in-the-money at the ...
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Shares of utility provider PG&E Corporation (PCG) have been trending down since last November. One trader sees the potential for a big spike upwards. That’s based on the January $14 calls. With 158 days until expiration, over 16,030 contracts traded against a prior open interest of 287, for a 56-fold rise in volume. The buyer of the calls paid about $0.25 to make the trade. With shares of the company just over $9, the option would move in-the-money on a 50 percent ...
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Shares of commodity producer Lithium Americas (LAC) have been somewhat rangebound over the past few months, but have started to trend higher in recent days. One trader sees that trend continuing. That’s based on the September $25 calls. With 36 days until expiration, over 15,585 contracts traded against an open interest of 290 for a 54-fold rise in volume. The buyer of the calls paid about $0.45 to make the trade. Shares have recently risen to around $18, so they’d need to ...
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Shares of social media giant Snap (SNAP) have been trending stronger in the past year, with a further jump after beating earnings last week. One trader sees the chance of a continued move higher in the next month. That’s based on the September 3 $82 calls. With 22 days until expiration, over 7,815 contracts traded against a prior open interest of 146, for a 53-fold jump in volume. The buyer of the calls paid about $1.57 to make the trade. The stock ...
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Shares of telecom giant AT&T (T) dropped from 52-week highs earlier in the year as the company announced it would sell off its media assets to refocus on being a telecom company. One trader is betting that shares will trend back up. That’s based on the December $30 calls. With 128 days until expiration, over 25,340 contracts traded against an open interest of 222 for a 114-fold jump in volume. The buyer of the calls paid about $0.38 to make the ...
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