Unusual Options Activity: Caterpillar (CAT)
Shares of industrial equipment manufacturer
Caterpillar (CAT) are down about 3 percent over the past year, but down 10 percent just since June. One trader is betting on a rebound in the coming months. That’s based on the October $220 calls. With 80 days until expiration, 28,242 contracts traded compared to a prior open interest of 162, for a massive 174-fold rise in volume on the trade. The buyer of the calls paid $4.83 to get in. Shares recently traded for just ...
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Caterpillar (CAT) are down about 3 percent over the past year, but down 10 percent just since June. One trader is betting on a rebound in the coming months. That’s based on the October $220 calls. With 80 days until expiration, 28,242 contracts traded compared to a prior open interest of 162, for a massive 174-fold rise in volume on the trade. The buyer of the calls paid $4.83 to get in. Shares recently traded for just ...
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Unusual Options Activity: Newmont Corporation (NEM)
Shares of gold mining firm
Newmont Corporation (NEM) have shed 27 percent of their value over the past year, as gold has failed to keep up with inflation. One trader sees the potential for a rebound in the months ahead. That’s based on the December $50 calls. With 137 days until expiration, 5,411 contracts traded compared to a prior open interest of 314, for a 17-fold rise in volume on the trade. The buyer of the calls paid $0.80. Shares recently traded around ...
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Newmont Corporation (NEM) have shed 27 percent of their value over the past year, as gold has failed to keep up with inflation. One trader sees the potential for a rebound in the months ahead. That’s based on the December $50 calls. With 137 days until expiration, 5,411 contracts traded compared to a prior open interest of 314, for a 17-fold rise in volume on the trade. The buyer of the calls paid $0.80. Shares recently traded around ...
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Unusual Options Activity: Shopify (SHOP)
Shares of online retailer
Shopify (SHOP) have shed nearly 80 percent of their value in the past year as tech stock valuations have dropped. One trader sees shares potentially stabilizing and moving higher from here. That’s based on the November $25 calls. With 112 days until expiration, 25,039 contracts traded compared to a prior open interest of 115, for a staggering 218-fold jump in volume on the trade. The buyer of the calls paid $12.35 to get in. The stock recently traded just ...
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Shopify (SHOP) have shed nearly 80 percent of their value in the past year as tech stock valuations have dropped. One trader sees shares potentially stabilizing and moving higher from here. That’s based on the November $25 calls. With 112 days until expiration, 25,039 contracts traded compared to a prior open interest of 115, for a staggering 218-fold jump in volume on the trade. The buyer of the calls paid $12.35 to get in. The stock recently traded just ...
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Unusual Options Activity: Rollins Inc. (ROL)
Shares of pesticide control company
Rollins Inc. (ROL) have traded flat over the past year. One trader sees the possibility for a decline in the weeks ahead. That’s based on the August $35 puts. With 22 days until expiration, 12,561 contracts traded compared to a prior open interest of 206, for a 61-fold rise in volume on the trade. The buyer of the puts paid $1.88 to get into the trade. The stock recently traded just over $36, so the stock would need ...
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Rollins Inc. (ROL) have traded flat over the past year. One trader sees the possibility for a decline in the weeks ahead. That’s based on the August $35 puts. With 22 days until expiration, 12,561 contracts traded compared to a prior open interest of 206, for a 61-fold rise in volume on the trade. The buyer of the puts paid $1.88 to get into the trade. The stock recently traded just over $36, so the stock would need ...
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Unusual Options Activity: Abbott Laboratories (ABT)
Shares of medical diagnostic device company
Abbott Laboratories (ABT) are down just under 10 percent in the past year. One trader is betting that shares will trend lower in the coming months. That’s based on the November $80 puts. With 114 days until expiration, 11,118 contracts traded compared to a prior open interest of 118, for a massive 118-fold rise in volume on the trade. The buyer of the puts paid $0.68 to make the trade. The stock recently traded for around $108, ...
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Abbott Laboratories (ABT) are down just under 10 percent in the past year. One trader is betting that shares will trend lower in the coming months. That’s based on the November $80 puts. With 114 days until expiration, 11,118 contracts traded compared to a prior open interest of 118, for a massive 118-fold rise in volume on the trade. The buyer of the puts paid $0.68 to make the trade. The stock recently traded for around $108, ...
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Unusual Options Activity: Alphabet Inc (GOOGL)
Shares of search engine giant
Alphabet (GOOGL) have shed nearly 20 percent of their value in the past year. One trader sees the potential for a further decline in shares in the next 14 months. That’s based on the September 2023 $53 puts. With 416 days until expiration, 6,299 contracts traded compared to a prior open interest of 150, for a 42-fold rise in volume on the trade. The buyer of the pus paid $0.88 to make the bearish bet. The stock is ...
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Alphabet (GOOGL) have shed nearly 20 percent of their value in the past year. One trader sees the potential for a further decline in shares in the next 14 months. That’s based on the September 2023 $53 puts. With 416 days until expiration, 6,299 contracts traded compared to a prior open interest of 150, for a 42-fold rise in volume on the trade. The buyer of the pus paid $0.88 to make the bearish bet. The stock is ...
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Unusual Options Activity: United Parcel Service (UPS)
Shares of shipping and logistics company
United Parcel Service (UPS) are down about 12 percent over the past year. One trader is betting on a rally in the next few weeks. That’s based on the August $205 calls. With 25 days until expiration, 5,468 contracts traded compared to a prior open interest of 173, for a 32-fold rise in volume on the trade. The buyer of the calls paid $1.58 to make the trade. Shares recently traded for about $187, so they would ...
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United Parcel Service (UPS) are down about 12 percent over the past year. One trader is betting on a rally in the next few weeks. That’s based on the August $205 calls. With 25 days until expiration, 5,468 contracts traded compared to a prior open interest of 173, for a 32-fold rise in volume on the trade. The buyer of the calls paid $1.58 to make the trade. Shares recently traded for about $187, so they would ...
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Unusual Options Activity: Las Vegas Sands (LVS)
Shares of casino giant
Las Vegas Sands (LVS) are down about 28 percent in the past year. One trader is betting on a potential rebound in the coming months. That’s based on the October $40 calls. With 91 days until expiration, 7,891 contracts traded compared to a prior open interest of 125, for a 63-fold rise in volume on the trade. The buyer of the calls paid $2.71 to make the trade. Shares are just over $37, so they would need to ...
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Las Vegas Sands (LVS) are down about 28 percent in the past year. One trader is betting on a potential rebound in the coming months. That’s based on the October $40 calls. With 91 days until expiration, 7,891 contracts traded compared to a prior open interest of 125, for a 63-fold rise in volume on the trade. The buyer of the calls paid $2.71 to make the trade. Shares are just over $37, so they would need to ...
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