Unusual Options Activity: Bristol Myers Squibb (BMY)
Shares of pharmaceutical giant
Bristol Myers Squibb (BMY) are up about 10 percent over the past year. One trader is betting that shares will continue higher in the next month. That’s based on the August $70 calls. With 29 days until expiration, 6,809 contracts traded compared to a prior open interest of 129, for a 53-fold jump in volume on the trade. The buyer of the calls paid $4.23 to make the bet. Shares recently traded for just over $73, making these options ...
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Bristol Myers Squibb (BMY) are up about 10 percent over the past year. One trader is betting that shares will continue higher in the next month. That’s based on the August $70 calls. With 29 days until expiration, 6,809 contracts traded compared to a prior open interest of 129, for a 53-fold jump in volume on the trade. The buyer of the calls paid $4.23 to make the bet. Shares recently traded for just over $73, making these options ...
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Unusual Options Activity: Apple (AAPL)
Shares of consumer tech giant
Apple (AAPL) sank 2 percent on Monday on news that hiring would slow at the company. One trader sees shares shaking off the news and moving higher in the next few weeks. That’s based on the August 26th $147 calls. With 37 days until expiration, 15,718 contracts traded compared to a prior open interest of 176, for an 89-fold surge in volume. The buyer of the calls paid $6.93 to make the trade. The stock recently traded ...
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Apple (AAPL) sank 2 percent on Monday on news that hiring would slow at the company. One trader sees shares shaking off the news and moving higher in the next few weeks. That’s based on the August 26th $147 calls. With 37 days until expiration, 15,718 contracts traded compared to a prior open interest of 176, for an 89-fold surge in volume. The buyer of the calls paid $6.93 to make the trade. The stock recently traded ...
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Unusual Options Activity: EQT Corporation (EQT)
Shares of oil and gas exploration company
EQT Corporation (EQT) are up 90 percent over the past year. One trader is betting that shares will rebound back to their 52-week highs in the coming months. That’s based on the December $40 calls. With 150 days until expiration, 4,632 contracts traded compared to a prior open interest of 101, for a 46-fold rise in volume on the trade. The buyer of the calls paid $4.90 to get into the position. Shares currently trade just ...
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EQT Corporation (EQT) are up 90 percent over the past year. One trader is betting that shares will rebound back to their 52-week highs in the coming months. That’s based on the December $40 calls. With 150 days until expiration, 4,632 contracts traded compared to a prior open interest of 101, for a 46-fold rise in volume on the trade. The buyer of the calls paid $4.90 to get into the position. Shares currently trade just ...
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Unusual Options Activity: Annaly Capital Management (NLY)
Shares of mortgage REIT
Annaly Capital Management (NLY) have slid 27 percent in the past year, as interest rates have started to rise and the housing market has started to slow. One trader sees the possibility for a further drop. That’s based on the September $5 puts. With 60 days until expiration, 21,750 contracts traded compared to a prior open interest of 378, for a 58-fold rise in volume on the trade. The buyer of the puts paid $0.10 to make the ...
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Annaly Capital Management (NLY) have slid 27 percent in the past year, as interest rates have started to rise and the housing market has started to slow. One trader sees the possibility for a further drop. That’s based on the September $5 puts. With 60 days until expiration, 21,750 contracts traded compared to a prior open interest of 378, for a 58-fold rise in volume on the trade. The buyer of the puts paid $0.10 to make the ...
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Unusual Options Activity: Transocean (RIG)
Shares of offshore oil and gas equipment company
Transocean (RIG) are down about 30 percent in the past year, even as energy prices have been rising. One trader sees the potential for a further decline in shares in the next 11 months. That’s based on the May 2023 $1.50 puts. With 308 days until expiration, 15,308 contracts traded compared to a prior open interest of 104, for a massive 147-fold rise in volume on the trade. The buyer of the puts paid ...
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Transocean (RIG) are down about 30 percent in the past year, even as energy prices have been rising. One trader sees the potential for a further decline in shares in the next 11 months. That’s based on the May 2023 $1.50 puts. With 308 days until expiration, 15,308 contracts traded compared to a prior open interest of 104, for a massive 147-fold rise in volume on the trade. The buyer of the puts paid ...
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Unusual Options Activity: Amazon (AMZN)
Shares of tech and retail giant
Amazon (AMZN) are more than 40 percent off of their 52-week high after adjusting for the stock’s recent share split. One trader sees a rebound in shares in the latter half of the year. That’s based on the December $166 calls. With 155 days until expiration, 3,019 contracts traded compared to a prior open interest of 124, for a 24-fold rise in volume on the trade. The buyer of the calls paid $0.86 to make a ...
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Amazon (AMZN) are more than 40 percent off of their 52-week high after adjusting for the stock’s recent share split. One trader sees a rebound in shares in the latter half of the year. That’s based on the December $166 calls. With 155 days until expiration, 3,019 contracts traded compared to a prior open interest of 124, for a 24-fold rise in volume on the trade. The buyer of the calls paid $0.86 to make a ...
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Unusual Options Activity: Micron Technology (MU)
Shares of semiconductor company
Micron Technology (MU) have lost one-quarter of their value in the past year. One trader sees a possibility for further downside in the months ahead. That’s based on the December $52.50 puts. With 156 days left until expiration, 14,048 contracts traded compared to a prior open interest of 500, for a 28-fold rise in volume on the trade. The buyer of the puts paid $4.28 to bet on shares further declining. Shares recently traded for about $57.80, so they’d ...
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Micron Technology (MU) have lost one-quarter of their value in the past year. One trader sees a possibility for further downside in the months ahead. That’s based on the December $52.50 puts. With 156 days left until expiration, 14,048 contracts traded compared to a prior open interest of 500, for a 28-fold rise in volume on the trade. The buyer of the puts paid $4.28 to bet on shares further declining. Shares recently traded for about $57.80, so they’d ...
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Unusual Options Activity: Morgan Stanley (MS)
Shares of investment bank
Morgan Stanley (MS) have slid nearly 15 percent in the past year. One trader is betting that shares will recover in the next 18 months. That’s based on the January 2024 $85 calls. With 554 days until expiration, 2,000 contracts traded hands at a 42-fold rise in volume on the trade. The buyer of the calls paid about $4.10 to get into the trade. Shares recently traded just under $77, so the stock would need to rise about $8, ...
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Morgan Stanley (MS) have slid nearly 15 percent in the past year. One trader is betting that shares will recover in the next 18 months. That’s based on the January 2024 $85 calls. With 554 days until expiration, 2,000 contracts traded hands at a 42-fold rise in volume on the trade. The buyer of the calls paid about $4.10 to get into the trade. Shares recently traded just under $77, so the stock would need to rise about $8, ...
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