Unusual Options Activity

Shares of online travel agency Expedia Group (EXPE) has been trending down slightly in recent months as the market has largely priced in the reopening trade. However, one trader sees shares moving higher in the coming months. That’s based on the November $165 calls. Expiring in 129 days, over 12,810 contracts traded against a prior open interest of 205, for a 62-fold rise in volume. The buyer of the calls paid about $14.40 on average to make the trade. With shares around ...
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Shares of digital advertising firm The Trade Desk (TTD) have been trending higher in the past few weeks after a longer-term slump. One trader sees the shares continuing higher. That’s based on the October 15 $75 calls. With 98 days until expiration, over 41,150 contracts traded, a 154-fold jump in volume from the prior open interest of 260. The buyer of the call paid about $10.25 to make the trade. Shares last traded north of $77.50, putting the call options about $2.50 ...
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Shares of ecommerce platform Newegg Commerce (NEGG) traded in a narrow range for the past few months, before exploding more than 300 percent higher in recent sessions. One trader expects that move higher to continue in the next few days. That’s based on the July 16 $30 calls. With 8 days until expiration, over 3,140 contracts traded against a prior open interest of 112 for a 28-fold jump in volume. In recent sessions shares have jumped from around $10 to about $62 ...
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Shares of beverage firm Keurig Dr Pepper (KDP) have been trading in a narrow range over the past few months. One trader sees the potential for a further move higher in shares in the coming months. That’s based on two different option trades with unusual activity. The most interesting is the October $36 calls. With about 100 days until expiration, over 10,912 contracts traded, a 70-fold jump in volume from the prior open interest of 157 contracts. Shares are trading for around ...
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Shares of media giant Discovery (DISCA) surged higher at the start of the year, then imploded as a hedge fund blew up. In recent sessions, shares have started to trend higher. One trader is betting that the rally will continue. That’s based on the August $37.50 calls. Over 33,660 contracts traded against a prior open interest of 234, for a 144-fold jump in volume. The buyer of the calls paid about $0.58 to make the trade. With shares trading just over $31, ...
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Shares of oil and gas equipment giant Halliburton Company (HAL) have been trending higher with the price of oil over the past few months. One trader sees the potential for a big jump higher in the coming months. That’s based on the September $28 calls. Expiring in 74 days, over 46,640 contracts recently traded, a massive 259-fold jump in volume from the prior open interest of 180 contracts. The buyer of the call options paid about $0.70 to make the trade. With ...
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Shares of semiconductor firm Advanced Micro Devices (AMD) have seen a strong rally in the past few weeks. One trader sees that trend continuing through the end of the month. That’s based on the July 30 $110 calls. With 28 days until expiration, over 7,190 contracts traded against an open interest of 268, for a 27-fold jump in volume. The buyer of the calls paid $1.04 to make the trade. With shares around $94, they’d need to rise $16 or about 20 ...
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Shares of home improvement retailer Home Depot (HD) slid to around $300 per share in recent weeks before starting a strong bounce higher. One trader sees that trend continuing into the next week. That’s based on the July 9 $330 calls. Over 14,880 contracts traded against a prior open interest of 136, for a 109-fold surge in volume. The buyer of the calls paid about $0.68. With shares around $318, they would need to rise another 4 percent in a week in ...
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