Unusual Options Activity: Ford Motor Company (F)
Shares of
Ford Motor Company (F) are down about 15 percent in the past year. One trader sees the potential for the company to drop further in the coming weeks. That’s based on the July $16 puts. With 38 days until expiration, 15,636 contracts traded compared to a prior open interest of 521, for a 30-fold rise in volume on the trade. The buyer of the puts paid $2.59 to get into the trade. Shares recently traded for about $13.50, so the $16 ...
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Ford Motor Company (F) are down about 15 percent in the past year. One trader sees the potential for the company to drop further in the coming weeks. That’s based on the July $16 puts. With 38 days until expiration, 15,636 contracts traded compared to a prior open interest of 521, for a 30-fold rise in volume on the trade. The buyer of the puts paid $2.59 to get into the trade. Shares recently traded for about $13.50, so the $16 ...
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Unusual Options Activity: Park Hotels & Resorts (PK)
Shares of hotel proprietor
Park Hotels & Resorts (PK) have been trading in a range for the past year. One trader sees some potential downside in the weeks ahead. That’s based on the July $17.50 put. With 39 days until expiration, 6,748 contracts traded compared to a prior open interest of 149, for a 49-fold rise in volume on the trade. The buyer of the puts paid $0.73 to make the downside bet. Share recently traded just over $18.50, so the stock ...
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Park Hotels & Resorts (PK) have been trading in a range for the past year. One trader sees some potential downside in the weeks ahead. That’s based on the July $17.50 put. With 39 days until expiration, 6,748 contracts traded compared to a prior open interest of 149, for a 49-fold rise in volume on the trade. The buyer of the puts paid $0.73 to make the downside bet. Share recently traded just over $18.50, so the stock ...
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Unusual Options Activity: eBay (EBAY)
Shares of online auction site
eBay (EBAY) have lost nearly one-quarter of their value in the past year and are nearly 50 percent off their highs. One trader is betting that the decline will continue in the coming weeks. That’s based on the August $47.50 puts. With 77 days until expiration, 8,187 contracts traded compared to a prior open interest of 153, for a 54-fold rise in volume. The buyer of the puts paid $3.75 for the option. Shares recently traded around ...
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eBay (EBAY) have lost nearly one-quarter of their value in the past year and are nearly 50 percent off their highs. One trader is betting that the decline will continue in the coming weeks. That’s based on the August $47.50 puts. With 77 days until expiration, 8,187 contracts traded compared to a prior open interest of 153, for a 54-fold rise in volume. The buyer of the puts paid $3.75 for the option. Shares recently traded around ...
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Unusual Options Activity: Air Products and Chemicals (APD)
Shares of specialty chemical company
Air Products and Chemicals (APD) have been on the decline. One trader is betting on a rebound in the coming months. That’s based on the September $280 calls. With 106 days until expiration, 10,301 contracts traded compared to a prior open interest of 141, for a 73-fold jump in volume on the trade. The buyer of the calls paid $2.95 to get in. Shares recently traded for about $246, so the stock would need to rise about 14 ...
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Air Products and Chemicals (APD) have been on the decline. One trader is betting on a rebound in the coming months. That’s based on the September $280 calls. With 106 days until expiration, 10,301 contracts traded compared to a prior open interest of 141, for a 73-fold jump in volume on the trade. The buyer of the calls paid $2.95 to get in. Shares recently traded for about $246, so the stock would need to rise about 14 ...
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Unusual Options Activity: General Motors (GM)
Shares of carmaker
General Motors (GM) have shed over one-third of their value in the past year. One trader sees the possibility for a further decline. That’s based on the July 8 $38 puts. With 37 days until expiration, 10,003 contracts traded compared to a prior open interest of 100, for a 100-fold increase in volume on the trade. The buyer of the puts paid $1.89 to make the trade. Shares last traded around $38.50, meaning that these options are already about $0.50 ...
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General Motors (GM) have shed over one-third of their value in the past year. One trader sees the possibility for a further decline. That’s based on the July 8 $38 puts. With 37 days until expiration, 10,003 contracts traded compared to a prior open interest of 100, for a 100-fold increase in volume on the trade. The buyer of the puts paid $1.89 to make the trade. Shares last traded around $38.50, meaning that these options are already about $0.50 ...
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Unusual Options Activity: Bank of America (BAC)
Shares of megabank
Bank of America (BAC) have shed about 13 percent in the past year. One trader sees a potential rebound playing out through the next year. That’s based on the March 2023 $50 calls. With 290 days left on the option, 12,368 contracts traded compared to a prior open interest of 367, for a 34-fold rise in volume on the trade. The buyer of the calls paid $0.55 to get into the trade. Shares recently traded for just under $37, so ...
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Bank of America (BAC) have shed about 13 percent in the past year. One trader sees a potential rebound playing out through the next year. That’s based on the March 2023 $50 calls. With 290 days left on the option, 12,368 contracts traded compared to a prior open interest of 367, for a 34-fold rise in volume on the trade. The buyer of the calls paid $0.55 to get into the trade. Shares recently traded for just under $37, so ...
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Unusual Options Activity: Macy’s (M)
Shares of department store
Macy’s (M) soared nearly 20 percent last Thursday, as the company announced better-than-expected earnings. One trader sees the potential for shares to move higher. That’s based on the July $27 calls. With 46 days until expiration, 20,375 contracts traded compared to a prior open interest of 326, for a 63-fold jump in volume on the trade. The buyer of the calls paid $0.66 to get in. Shares last traded just under $23, so they would need to rise just ...
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Macy’s (M) soared nearly 20 percent last Thursday, as the company announced better-than-expected earnings. One trader sees the potential for shares to move higher. That’s based on the July $27 calls. With 46 days until expiration, 20,375 contracts traded compared to a prior open interest of 326, for a 63-fold jump in volume on the trade. The buyer of the calls paid $0.66 to get in. Shares last traded just under $23, so they would need to rise just ...
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Unusual Options Activity: Avaya Holdings (AVYA)
Shares of digital communications company
Avaya Holdings (AVYA) have been sliding in recent months. One trader sees further downside ahead in the coming days. That’s based on the June 17th $3.00 put option. With 21 days until expiration, 20,384 contracts traded hands, compared to a prior open interest of 368, for a 57-fold rise in volume on the trade. The buyer of the puts paid $0.53 to bet on a further downside. Shares recently traded for about $3.20, so they’d need to fall ...
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Avaya Holdings (AVYA) have been sliding in recent months. One trader sees further downside ahead in the coming days. That’s based on the June 17th $3.00 put option. With 21 days until expiration, 20,384 contracts traded hands, compared to a prior open interest of 368, for a 57-fold rise in volume on the trade. The buyer of the puts paid $0.53 to bet on a further downside. Shares recently traded for about $3.20, so they’d need to fall ...
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