Unusual Options Activity: Nu Holdings (NU)
Shares of Brazilian bank
Nu Holdings (NU) have been in a steep downtrend since the company went public late last year. One trader is betting on a further decline in shares. That’s based on the June 17th $2 puts. With 32 days until expiration, 3,758 contracts traded compared to a prior interest of 112, for a 34-fold increase in volume on the trade. The buyer of the puts paid $0.18 to get into the trade. Shares of the bank recently traded around $4.00, ...
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Nu Holdings (NU) have been in a steep downtrend since the company went public late last year. One trader is betting on a further decline in shares. That’s based on the June 17th $2 puts. With 32 days until expiration, 3,758 contracts traded compared to a prior interest of 112, for a 34-fold increase in volume on the trade. The buyer of the puts paid $0.18 to get into the trade. Shares of the bank recently traded around $4.00, ...
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Unusual Options Activity: Roblox (RBLX)
Shares of metaverse platform
Roblox (RBLX) have been at ground zero for the market selloff. One trader sees the potential for shares to decline even further. That’s based on the January 2024 $17.50 puts. With 616 days until expiration, 16,649 contracts traded against an open interest of 398, for a 49-fold jump in volume on the trade. The buyer of the puts paid $6.13 to get into the trade. The stock recently traded for about $24, so it would need to fall another ...
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Roblox (RBLX) have been at ground zero for the market selloff. One trader sees the potential for shares to decline even further. That’s based on the January 2024 $17.50 puts. With 616 days until expiration, 16,649 contracts traded against an open interest of 398, for a 49-fold jump in volume on the trade. The buyer of the puts paid $6.13 to get into the trade. The stock recently traded for about $24, so it would need to fall another ...
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Unusual Options Activity: Masco Corporation (MAS)
Shares of building product company
Masco Corporation (MAS) have been sliding in recent months. However, one trader sees the possibility of a rebound in the coming weeks. That’s based on the July $60 calls. With 64 days until expiration, 6,004 contracts traded compared to a prior open interest of 151, for a 40-fold rise in volume on the trade. The buyer of the calls paid $0.77. Shares recently traded around $53, so the stock would need to rise about 13 percent for the ...
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Masco Corporation (MAS) have been sliding in recent months. However, one trader sees the possibility of a rebound in the coming weeks. That’s based on the July $60 calls. With 64 days until expiration, 6,004 contracts traded compared to a prior open interest of 151, for a 40-fold rise in volume on the trade. The buyer of the calls paid $0.77. Shares recently traded around $53, so the stock would need to rise about 13 percent for the ...
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Unusual Options Activity: Apple (AAPL)
Shares of consumer tech giant
Apple (AAPL) have succumbed to the recent market decline, although shares are faring somewhat well given the company’s relatively strong cash flows and excellent branding. However, one trader sees further downside ahead. That’s based on the June 24th $125 puts. With 44 days until expiration, 13,129 contracts traded compared to an open interest of 122, for a 108-fold surge in volume on the trade. The buyer of the puts paid $1.46 to get into the trade. Shares are ...
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Apple (AAPL) have succumbed to the recent market decline, although shares are faring somewhat well given the company’s relatively strong cash flows and excellent branding. However, one trader sees further downside ahead. That’s based on the June 24th $125 puts. With 44 days until expiration, 13,129 contracts traded compared to an open interest of 122, for a 108-fold surge in volume on the trade. The buyer of the puts paid $1.46 to get into the trade. Shares are ...
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Unusual Options Activity: Wells Fargo Company (WFC)
Shares of megabank
Wells Fargo Company (WFC) have lost over one quarter of their value since February. One trader sees room for a continued downtrend in the coming weeks. That’s based on the June 10th $44 puts. With 31 days until expiration, 11,374 contracts traded compared to a prior open interest of 143, for an 80-fold increase in volume on the trade. The buyer of the puts paid $1.87 to bet on a further drop in shares. Shares recently traded around $44.50, ...
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Wells Fargo Company (WFC) have lost over one quarter of their value since February. One trader sees room for a continued downtrend in the coming weeks. That’s based on the June 10th $44 puts. With 31 days until expiration, 11,374 contracts traded compared to a prior open interest of 143, for an 80-fold increase in volume on the trade. The buyer of the puts paid $1.87 to bet on a further drop in shares. Shares recently traded around $44.50, ...
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Unusual Options Activity: Block (SQ)
Shares of payment company
Block (SQ) have been in a sharp downtrend with other tech names in the past few months. One trader sees that trend continuing indefinitely. That’s based on the December $90 puts. With 221 days until expiration, 1,329 contracts traded against a prior open interest of 109, for a 12-fold rise in volume. The buyer of the puts paid $18.20 to get into the trade. The stock last went for around $100 per share, so it would need to decline ...
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Block (SQ) have been in a sharp downtrend with other tech names in the past few months. One trader sees that trend continuing indefinitely. That’s based on the December $90 puts. With 221 days until expiration, 1,329 contracts traded against a prior open interest of 109, for a 12-fold rise in volume. The buyer of the puts paid $18.20 to get into the trade. The stock last went for around $100 per share, so it would need to decline ...
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Unusual Options Activity: The Walt Disney Company (DIS)
Shares of entertainment giant
The Walt Disney Company (DIS) have been sliding in recent months. One trader sees a further decline in the days ahead. That’s based on the May 20th $108 puts. With 14 days until expiration, 5,340 contracts traded compared to a prior open interest 156, for a 34-fold increase in volume on the trade. The buyer of the puts paid $1.71 to bet on a further decline in shares. Shares last traded around $116, so they would need to decline ...
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The Walt Disney Company (DIS) have been sliding in recent months. One trader sees a further decline in the days ahead. That’s based on the May 20th $108 puts. With 14 days until expiration, 5,340 contracts traded compared to a prior open interest 156, for a 34-fold increase in volume on the trade. The buyer of the puts paid $1.71 to bet on a further decline in shares. Shares last traded around $116, so they would need to decline ...
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Unusual Options Activity: Antero Resources Corporation (AR)
Shares of oil and gas exploration company
Antero Resources Corporation (AR) are up over 240 percent in the past year. One trader sees a further rally in the months ahead. That’s based on the November $45 calls. With 197 days until expiration, 26,695 contracts traded compared to a prior open interest of 550, for a 49-fold rise in volume on the trade. The buyer of the calls paid $4.80 to make the bet. The stock recently traded for around $37, so shares would ...
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Antero Resources Corporation (AR) are up over 240 percent in the past year. One trader sees a further rally in the months ahead. That’s based on the November $45 calls. With 197 days until expiration, 26,695 contracts traded compared to a prior open interest of 550, for a 49-fold rise in volume on the trade. The buyer of the calls paid $4.80 to make the bet. The stock recently traded for around $37, so shares would ...
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