Unusual Options Activity

Bitcoin mining company Riot Platforms (RIOT) is starting to trend higher as bitcoin prices trend higher. One trader is betting that shares will keep trending higher. That’s based on the December $11 calls. With 328 days until expiration, 41,425 contracts traded compared to a prior open interest of 104, for a massive 398-fold rise in volume on the trade. The buyer of the calls paid $1.26 to make the bullish bet. Riot shares recently traded for about $7.50, so shares would need ...
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Cruise line operator Carnival Corporation (CCL) has seen shares sink in recent weeks amid fears of an economic slowdown, including on vacations and tourism. One trader sees shares trending lower into the summer. That’s based on the June $14 puts. With 57 days until expiration, 4,021 contracts traded compared to a prior open interest of 105, for a 38-fold rise in volume on the trade. The buyer of the puts paid $0.36 to make the bearish bet. Carnival shares recently traded for ...
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Asset manager The Caryle Group (CG) is down over 30% in the past year, with most of that drop occurring in the past few months. One trader sees further downside in the coming weeks. That’s based on the June $32.50 puts. 62,057 contracts traded compared to a prior open interest of 190, for a massive 327-fold rise in volume on the trade. The options have 58 days until expiration, and the buyer paid $2.15 to make the bearish bet. Caryle Group shares ...
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Self-driving technology company Aurora Innovation (AUR) has surged over 115% in the past year. One trader is betting shares will keep trending higher over the coming weeks. That’s based on the May $6 calls. With 24 days until expiration, 23,379 contracts traded compared to a prior open interest of 245, for a 95-fold rise in volume on the trade. The buyer of the calls paid $0.85 to make the bullish bet. Aurora shares recently traded for just over $6, making this an ...
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Coal producer Peabody Energy (BTU) has been roughly cut in half this year, amid a lackluster energy market. One trader sees further downside in the weeks ahead. That’s based on the June $11 puts. With 61 days until expiration, 5,549 contracts traded compared to a prior open interest of 160, for a 35-fold rise in volume on the trade. The buyer of the puts paid $0.92 to make the bullish bet. Peabody shares recently traded for about $12, so they would need ...
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Rare earth explorer and producer MP Materials (MP) has been on a tear, with shares continuing to hit new 52-week highs. One trader sees further upside in the weeks ahead. That’s based on the May $31 calls. With 28 days until expiration, 3,228 contracts traded compared to a prior open interest of 154, for a 21-fold rise in volume on the trade. The buyer of the calls paid $1.85 to make the bullish bet. MP Materials shares just traded right under $28, ...
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Regional bank KeyCorp (KEY) has traded flat over the past year, with shares recently sliding over 20% from their 52-week highs. One trader sees further downside in the weeks ahead. That’s based on the May $12 puts. With 29 days until expiration, 32,986 contracts traded, a massive 244-fold increase in open interest from the prior volume of 135 contracts. The buyer of the puts paid $0.18 to make the bearish bet. KeyCorp recently traded for about $14, so shares would need to ...
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Search engine and tech giant Google (GOOGL) is now up less than 5% over the past year, following the recent market weakness. One trader sees shares making up for lost ground and rallying over the summer. That’s based on the October $215 calls. With 184 days until expiration, 14,133 contracts traded compared to a prior open interest of 282, for a 50-fold rise in volume on the trade. The buyer of the calls paid $1.56 to make the bullish bet. Google shares ...
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