Unusual Options Activity: Zillow Group (Z)
Shares of real estate analytics company
Zillow Group (Z) are down nearly 53 percent in the past year, thanks to the company’s decision to try and buy and flip homes in a number of markets. One trader sees the selloff as over. That’s based on the June $75 calls. With 164 days until expiration, 5,000 contracts traded compared to an open interest of 310, for a 16-fold rise in volume. The buyer of the calls paid $4.48 to make the trade. Shares Read More About This
Zillow Group (Z) are down nearly 53 percent in the past year, thanks to the company’s decision to try and buy and flip homes in a number of markets. One trader sees the selloff as over. That’s based on the June $75 calls. With 164 days until expiration, 5,000 contracts traded compared to an open interest of 310, for a 16-fold rise in volume. The buyer of the calls paid $4.48 to make the trade. Shares Read More About This
Unusual Options Activity: Peloton Interactive (PTON)
Shares of exercise technology company
Peloton Interactive (PTON) have shed over 75 percent of their value in the past year. with expectations for shares low, one trader is betting that the selloff is largely over. That’s based on the January 2024 $35 calls. With 749 days until expiration, over 2,769 contracts traded compared to an open interest of 123, for a 23-fold rise in volume. The buyer of the calls paid $14.70 to make the trade. Shares are currently right around $35, ...
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Peloton Interactive (PTON) have shed over 75 percent of their value in the past year. with expectations for shares low, one trader is betting that the selloff is largely over. That’s based on the January 2024 $35 calls. With 749 days until expiration, over 2,769 contracts traded compared to an open interest of 123, for a 23-fold rise in volume. The buyer of the calls paid $14.70 to make the trade. Shares are currently right around $35, ...
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Unusual Options Activity: Diamondback Energy (FANG)
Shares of energy exploration and development company
Diamondback Energy (FANG) are up 125 percent over the past year on a strong energy market. One trader sees the potential for a move even higher. That’s based on the June $120 calls. With 168 days until expiration, 3,663 contracts traded against a prior open interest of 102, for a 36-fold rise in volume. The buyer of the calls paid $10.65 to make the trade. While shares have moved higher in the past year, the company ...
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Diamondback Energy (FANG) are up 125 percent over the past year on a strong energy market. One trader sees the potential for a move even higher. That’s based on the June $120 calls. With 168 days until expiration, 3,663 contracts traded against a prior open interest of 102, for a 36-fold rise in volume. The buyer of the calls paid $10.65 to make the trade. While shares have moved higher in the past year, the company ...
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Unusual Options Activity: Affirm Holdings (AFRM)
Shares of mobile commerce company
Affirm Holdings (AFRM) have been declining in recent weeks after a big jump higher earlier in the year. One trader sees the potential for shares to reverse course and trend higher again. That’s based on the May $125 calls. With 141 days until expiration, over 5,125 contracts traded compared to an open interest of 336, for a 15-fold rise in volume. The buyer of the calls paid $15.40 to make the trade. Shares last traded around $107, so ...
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Affirm Holdings (AFRM) have been declining in recent weeks after a big jump higher earlier in the year. One trader sees the potential for shares to reverse course and trend higher again. That’s based on the May $125 calls. With 141 days until expiration, over 5,125 contracts traded compared to an open interest of 336, for a 15-fold rise in volume. The buyer of the calls paid $15.40 to make the trade. Shares last traded around $107, so ...
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Unusual Options Activity: Colgate-Palmolive Company (CL)
Shares of consumer goods company
Colgate-Palmolive Company (CL) have ended up trading flat over the past year. One trader sees the potential for a move higher in the coming months. That’s based on the May $85 calls. With 142 days until expiration, 11,402 contracts traded hands, a 34-fold rise in volume from the prior open interest of 337 contracts. The buyer of the calls paid $2.88 to make the trade. Shares last traded around $83, so it would take less than a 3 ...
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Colgate-Palmolive Company (CL) have ended up trading flat over the past year. One trader sees the potential for a move higher in the coming months. That’s based on the May $85 calls. With 142 days until expiration, 11,402 contracts traded hands, a 34-fold rise in volume from the prior open interest of 337 contracts. The buyer of the calls paid $2.88 to make the trade. Shares last traded around $83, so it would take less than a 3 ...
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Unusual Options Activity: American Tower Corporation (AMT)
Shares of communications real estate investment trust
American Tower Corporation (AMT) have been trending higher in the last year, although they’ve flatlined in recent months. One trader sees a deep value in shares and the potential for them to move higher. That’s based on the January 2023 $150 calls. With 389 days until expiration, 1,770 calls traded against a prior open interest of 121, for a 15-fold rise in volume. The buyer of the calls paid $131.65 to make the trade. Shares of ...
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American Tower Corporation (AMT) have been trending higher in the last year, although they’ve flatlined in recent months. One trader sees a deep value in shares and the potential for them to move higher. That’s based on the January 2023 $150 calls. With 389 days until expiration, 1,770 calls traded against a prior open interest of 121, for a 15-fold rise in volume. The buyer of the calls paid $131.65 to make the trade. Shares of ...
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Unusual Options Activity: Newmont Mining (NEM)
Shares of gold mining firm
Newmont Mining (NEM) have been range-bound over the past few months. One trader sees the company moving back down to the lower end of its range in the next few weeks. That’s based on the February $52.50 put. With 56 days until expiration, 6,930 contracts traded against a prior open interest of 295, for a 23-fold rise in volume. The buyer of the puts paid $0.88 to make the trade. Overall, shares are down about 2 percent ...
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Newmont Mining (NEM) have been range-bound over the past few months. One trader sees the company moving back down to the lower end of its range in the next few weeks. That’s based on the February $52.50 put. With 56 days until expiration, 6,930 contracts traded against a prior open interest of 295, for a 23-fold rise in volume. The buyer of the puts paid $0.88 to make the trade. Overall, shares are down about 2 percent ...
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Unusual Options Activity: Riot Blockchain (RIOT)
Shares of cryptocurrency mining company
Riot Blockchain (RIOT) have been sliding along with the price of Bitcoin the past few months. However, one trader sees shares moving far higher in the next year. That’s based on the January 2023 $85 call. With 393 days until expiration, 3,845 contracts traded compared to a prior open interest of 197, for a 20-fold rise in volume. The buyer of the calls paid $3.45 to make the trade. Shares last traded near $22.50. The $85 strike price ...
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Riot Blockchain (RIOT) have been sliding along with the price of Bitcoin the past few months. However, one trader sees shares moving far higher in the next year. That’s based on the January 2023 $85 call. With 393 days until expiration, 3,845 contracts traded compared to a prior open interest of 197, for a 20-fold rise in volume. The buyer of the calls paid $3.45 to make the trade. Shares last traded near $22.50. The $85 strike price ...
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