Unusual Options Activity

Shares of industrial rental and leasing firm
Fortress Transportation and Infrastructure Investors (FTAI) have been in a downtrend since June. One trader sees a rebound ahead, if not already underway given the rise in shares in recent sessions. That’s based on the April $28 calls. With 124 days until expiration, over 13,450 contracts traded against a prior open interest of 236, for a 57-fold jump in volume. The buyer of the calls paid $1.50 for the trade. Shares recently traded around $24, so ...
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Shares of retail giant
Walmart (WMT) sold off heavily in recent weeks, but have started to rebound. One trader sees that trend continuing through the holidays. That’s based on the December 31 $147 call. With 22 days until expiration, over 11,750 contracts traded hands compared to a prior open interest of 172, for a 68-fold surge in volume. The buyer of the calls paid $0.45 to make the trade. Shares recently traded around $138.50, so a strike price of $147 would require a ...
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Shares of automotive dealership
Vroom Inc (VRM) have been in a steady decline over the past year, as a parts shortage has made new vehicle production costly and led to a shortage of used vehicles. However, one trader sees room for a rebound ahead. That’s based on the January 2023 $20 calls. With 408 days until expiration, over 15,095 contacts traded against a prior open interest of 202, for a 75-fold jump in volume. The buyer of the calls paid $2.95 to make ...
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Shares of aluminum producer
Alcoa Aluminum (AA) have been a strong performer in the past year, as both a play on continuing economic growth and as a hedge against inflation. One trader sees that trend continuing for the foreseeable future. That’s based on the January 2023 $55 calls. With 409 days until expiration, over 11,960 contracts traded, a 48-fold jump in volume from the prior open interest of 248 contracts. The buyer of the calls paid $6.88 to make the trade. With shares ...
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Shares of automaker
Ford Motors (F) have been on the rise in the past year, as the company has been expanding its electric vehicle fleet. One trader sees that trend continuing. That’s based on the June $24 calls. With 192 days left until expiration, over 38,500 contracts traded against a prior open interest of 1,362 contracts, for a 28-fold rise in volume. The buyer of the calls paid $1.42 to make the trade. With a recent price just under $20, shares would ...
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Shares of medical distribution company
Cardinal Health (CAH) are down over the past year, and down 25 percent from their peak. One trader sees the possibility for a rebound in shares in the next few months. That’s based on the March $52.50 calls. With 104 days until expiration, over 10,570 contracts traded, a 21-fold jump in volume from the prior open interest of 502. The buyer of the calls paid $1.00 to make the trade. Shares last traded around $46, so shares would ...
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Shares of biotech firm
BridgeBio Pharma (BBIO) have been trending down in the past year, with a big decline recently. However, one trader sees a rebound in shares in the weeks ahead. That’s based on the January $75 call options. With 50 days until expiration, over 11,795 contracts traded against a prior open interest of 119, for a 100-fold surge in volume. The buyer of the calls paid $2.22 to make the trade. Shares recently traded around $40, so the $75 calls would ...
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Shares of auto parts supplier
Goodyear Tire & Rubber (GT) have been on a tear this year, more than tripling the returns on the S&P 500. One trader sees that overall trend continuing in the next few days following last week’s market pullback. That’s based on the December 10 $22 calls. With 9 days until expiration, over 5,210 contracts traded against an open interest of 107, for a 49-fold rise in volume. The buyer of the calls paid $0.35 to make the ...
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