Unusual Options Activity: Dun & Bradstreet (DNB)
Shares of financial analytics company
Dun & Bradstreet (DNB) have been trending down steadily over the past year, before a brief spike higher in the past few weeks. One trader sees the longer-term downtrend continuing. That’s based on the January $17.50 puts. With 99 days until expiration, over 4,220 contracts traded hands, a 35-fold rise in volume from the prior open interest of 120. The buyer of the puts paid $0.98 to make the trade. With shares in the low $18 range, they’d ...
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Dun & Bradstreet (DNB) have been trending down steadily over the past year, before a brief spike higher in the past few weeks. One trader sees the longer-term downtrend continuing. That’s based on the January $17.50 puts. With 99 days until expiration, over 4,220 contracts traded hands, a 35-fold rise in volume from the prior open interest of 120. The buyer of the puts paid $0.98 to make the trade. With shares in the low $18 range, they’d ...
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Unusual Options Activity: Northern Oil and Gas (NOG)
Shares of energy firm
Northern Oil and Gas (NOG) have ratcheted higher in the past few weeks as energy prices have continued to rally. One trader sees that trend continuing. That’s based on the March $26 calls. With 156 days until expiration, nearly 6,250 contracts traded against a prior open interest of 126, for a 50-fold jump in volume. The buyer of the calls paid $4.20 to make the trade. With shares around $26.50 and a 52-week high, the option is about ...
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Northern Oil and Gas (NOG) have ratcheted higher in the past few weeks as energy prices have continued to rally. One trader sees that trend continuing. That’s based on the March $26 calls. With 156 days until expiration, nearly 6,250 contracts traded against a prior open interest of 126, for a 50-fold jump in volume. The buyer of the calls paid $4.20 to make the trade. With shares around $26.50 and a 52-week high, the option is about ...
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Unusual Options Activity: The GEO Group (GEO)
Shares of private prison company
The GEO Group (GEO) have been trending up since May, with a large spike higher on Friday. One trader sees the possibility for a move even higher. That’s based on the March $12 calls. With 157 days until expiration, over 70,830 contracts traded against a prior open interest of 662. That makes for a 107-fold leap in volume on the option trade. The buyer of the call paid $0.70 to make the trade. Shares of the stock traded ...
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The GEO Group (GEO) have been trending up since May, with a large spike higher on Friday. One trader sees the possibility for a move even higher. That’s based on the March $12 calls. With 157 days until expiration, over 70,830 contracts traded against a prior open interest of 662. That makes for a 107-fold leap in volume on the option trade. The buyer of the call paid $0.70 to make the trade. Shares of the stock traded ...
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Unusual Options Activity: Alcoa Corporation (AA)
Shares of aluminum processor
Alcoa Corporation (AA) have been moving steadily higher over the past year amid a booming commodity market. One trader sees that trend continuing into the first half of next year. That’s based on the June $55 calls. With 249 days left before expiration, over 6,525 contracts traded against a prior open interest of 161, for a 41-fold rise in volume. The buyer of the calls paid $5.13 to make the trade. Shares have traded as high as $52.50 ...
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Alcoa Corporation (AA) have been moving steadily higher over the past year amid a booming commodity market. One trader sees that trend continuing into the first half of next year. That’s based on the June $55 calls. With 249 days left before expiration, over 6,525 contracts traded against a prior open interest of 161, for a 41-fold rise in volume. The buyer of the calls paid $5.13 to make the trade. Shares have traded as high as $52.50 ...
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Unusual Options Activity: Ginkgo Bioworks Holdings (DNA)
Shares of biotech firm
Ginkgo Bioworks Holdings (DNA) suffered a double-digit loss on Tuesday following a short-seller issuing a report questioning the company’s revenue sources. However, one trader sees shares shaking off the fear and moving higher. That’s based on the March $14 calls. With 161 days to trade, nearly 4,600 contracts traded, a 32-fold rise in volume from the prior open interest of 144. The buyer of the call paid $1.28 for the trade. The trade was made as shares were knocked ...
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Ginkgo Bioworks Holdings (DNA) suffered a double-digit loss on Tuesday following a short-seller issuing a report questioning the company’s revenue sources. However, one trader sees shares shaking off the fear and moving higher. That’s based on the March $14 calls. With 161 days to trade, nearly 4,600 contracts traded, a 32-fold rise in volume from the prior open interest of 144. The buyer of the call paid $1.28 for the trade. The trade was made as shares were knocked ...
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Unusual Options Activity: Tesla Motors (TSLA)
Shares of electric carmaker
Tesla Motors (TSLA) have been trending higher in recent weeks, aided by a report that the company has continued full production amid a global chip shortage. One trader sees shares moving higher in the coming weeks. That’s based on the October 22 $830 calls. With 15 days until expiration, over 12,175 contracts traded against a prior open interest of 449, for a 27-fold rise in volume. The buyer of the calls paid $10.08. Shares last traded around $780, so ...
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Tesla Motors (TSLA) have been trending higher in recent weeks, aided by a report that the company has continued full production amid a global chip shortage. One trader sees shares moving higher in the coming weeks. That’s based on the October 22 $830 calls. With 15 days until expiration, over 12,175 contracts traded against a prior open interest of 449, for a 27-fold rise in volume. The buyer of the calls paid $10.08. Shares last traded around $780, so ...
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Unusual Options Activity: Merck & Co (MRK)
Shares of pharmaceutical giant
Merck (MRK) recently jumped higher on news of a Covid drug that could substantially reduce hospitalizations. One trader sees the trend continuing. That’s based on the November $100 calls. With 44 days on the trade, over 9,850 contracts traded against a prior open interest of 249, for a 40-fold rise in volume. The buyer of the calls paid $0.29 to make the trade. Even with the recent jump in price, shares are now only up about 5 percent over ...
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Merck (MRK) recently jumped higher on news of a Covid drug that could substantially reduce hospitalizations. One trader sees the trend continuing. That’s based on the November $100 calls. With 44 days on the trade, over 9,850 contracts traded against a prior open interest of 249, for a 40-fold rise in volume. The buyer of the calls paid $0.29 to make the trade. Even with the recent jump in price, shares are now only up about 5 percent over ...
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Unusual Options Activity: Microsoft (MSFT)
Shares of tech giant
Microsoft (MSFT) have traded down over the past few weeks, in line with the broader market. One trader sees a possibility for a rebound back to the company’s old all-time highs in the next month. That’s based on the November 5th $310 calls. With 31 days left on the clock, over 3,800 contracts traded, a 33-fold rise in volume from the prior open interest of 116 contracts. The buyer of the calls paid $2.01 for the trade. The tech ...
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Microsoft (MSFT) have traded down over the past few weeks, in line with the broader market. One trader sees a possibility for a rebound back to the company’s old all-time highs in the next month. That’s based on the November 5th $310 calls. With 31 days left on the clock, over 3,800 contracts traded, a 33-fold rise in volume from the prior open interest of 116 contracts. The buyer of the calls paid $2.01 for the trade. The tech ...
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