Unusual Options Activity: Coty (COTY)
Shares of cosmetics firm
Coty (COTY) have been range-bound over the past few months, with a few periodic jumps higher. One trader sees the possibility for a move higher in the coming months. That’s based on the February $9 calls. With 137 days left until expiration, over 32,025 contracts traded, a 52-fold jump in volume from the prior open interest of 615. The buyer of the calls paid $0.76 for the contracts. Shares are just under $8, so they would need to rise ...
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Coty (COTY) have been range-bound over the past few months, with a few periodic jumps higher. One trader sees the possibility for a move higher in the coming months. That’s based on the February $9 calls. With 137 days left until expiration, over 32,025 contracts traded, a 52-fold jump in volume from the prior open interest of 615. The buyer of the calls paid $0.76 for the contracts. Shares are just under $8, so they would need to rise ...
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Unusual Options Activity: Alibaba (BABA)
Shares of Chinese e-commerce giant
Alibaba (BABA) have sold off in recent weeks on increased regulations out of China as well as a slowing economy there. One trader sees the possibility for a rebound in the next few months. That’s based on the March $130 calls. With 138 days until expiration, over 4,400 contracts traded, a 33-fold rise in volume from the prior open interest of 134. The buyer of the calls paid $29.70 to make the trade. With shares around $150, the ...
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Alibaba (BABA) have sold off in recent weeks on increased regulations out of China as well as a slowing economy there. One trader sees the possibility for a rebound in the next few months. That’s based on the March $130 calls. With 138 days until expiration, over 4,400 contracts traded, a 33-fold rise in volume from the prior open interest of 134. The buyer of the calls paid $29.70 to make the trade. With shares around $150, the ...
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Unusual Options Activity: Bank of America (BAC)
Shares of megabank
Bank of America (BAC) hit a new 52-week high this week, even amid the latest market volatility. One trader sees the move higher, just a hair above the price the stock hit in June, as a sign that shares may be due for a drop. That’s based on the October 1 $43 puts. Expiring tomorrow, over 8,300 contracts traded compared to a prior open interest of 309, for a 27-fold jump in volume. The buyer of the puts paid ...
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Bank of America (BAC) hit a new 52-week high this week, even amid the latest market volatility. One trader sees the move higher, just a hair above the price the stock hit in June, as a sign that shares may be due for a drop. That’s based on the October 1 $43 puts. Expiring tomorrow, over 8,300 contracts traded compared to a prior open interest of 309, for a 27-fold jump in volume. The buyer of the puts paid ...
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Unusual Options Activity: Tempur Sealy International (TPX)
Shares of mattress firm
Tempur Sealy International (TPX) have more than doubled in the past year. One trader sees the potential for shares to move far higher in the coming months. That’s based on the January $60 calls. With 114 days until expiration, over 10,050 contracts traded against an open interest of 2020, a 50-fold rise in volume. The buyer of the calls paid $0.93 to make the trade. Shares are currently just under $50, so they would need to rise $10, or ...
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Tempur Sealy International (TPX) have more than doubled in the past year. One trader sees the potential for shares to move far higher in the coming months. That’s based on the January $60 calls. With 114 days until expiration, over 10,050 contracts traded against an open interest of 2020, a 50-fold rise in volume. The buyer of the calls paid $0.93 to make the trade. Shares are currently just under $50, so they would need to rise $10, or ...
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Unusual Options Activity: UBS Group AG (UBS)
Shares of megabank
UBS Group AG (UBS) have been trending higher the past year, with a few sizeable drops during periods of market fears. One trader sees the possibility for another such drop in the next few months. That’s based on the February $12.50 puts. With 143 days left on the trade, over 6,025 contracts traded, a 54-fold jump in volume from the prior open interest of 112. The buyer of the puts paid $0.25 to make the trade. With shares currently in ...
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UBS Group AG (UBS) have been trending higher the past year, with a few sizeable drops during periods of market fears. One trader sees the possibility for another such drop in the next few months. That’s based on the February $12.50 puts. With 143 days left on the trade, over 6,025 contracts traded, a 54-fold jump in volume from the prior open interest of 112. The buyer of the puts paid $0.25 to make the trade. With shares currently in ...
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Unusual Options Activity: Johnson Controls International (JCI)
Shares of engineering and construction materials firm
Johnson Controls International (JCI) have been in a steady uptrend for more than a year. One trader is betting that steady progress higher will continue. That’s based on the April 2022 $75 calls. With 199 days until expiration, over 5,200 contracts traded against a prior open interest of 134, for a 39-fold rise in volume. The buyer of the calls paid $4.60 to make the trade. Shares of JCI are already up 78 percent over the ...
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Johnson Controls International (JCI) have been in a steady uptrend for more than a year. One trader is betting that steady progress higher will continue. That’s based on the April 2022 $75 calls. With 199 days until expiration, over 5,200 contracts traded against a prior open interest of 134, for a 39-fold rise in volume. The buyer of the calls paid $4.60 to make the trade. Shares of JCI are already up 78 percent over the ...
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Unusual Options Activity: Salesforce.com (CRM)
Shares of cloud provider
Salesforce.com (CRM) jumped higher on Thursday following solid earnings and a bullish full-year outlook. One trader sees the possibility for a move higher in the coming weeks. That’s based on the October 29 $280 calls. With 35 days until expiration, over 2,200 contracts traded, a 22-fold rise in volume from the prior open interest of 101 contracts. The buyer of the calls paid $4.98 to make the trade. The recent rally in shares brings the stock up 9 ...
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Salesforce.com (CRM) jumped higher on Thursday following solid earnings and a bullish full-year outlook. One trader sees the possibility for a move higher in the coming weeks. That’s based on the October 29 $280 calls. With 35 days until expiration, over 2,200 contracts traded, a 22-fold rise in volume from the prior open interest of 101 contracts. The buyer of the calls paid $4.98 to make the trade. The recent rally in shares brings the stock up 9 ...
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Unusual Options Activity: Uber (UBER)
Shares of ride share company
Uber (UBER) have been in a decline for several months, although shares did pop higher on Tuesday thanks to the company’s forecast for its first profitable earnings report. One trader sees the downtrend continuing, however. That’s based on the June $25 puts. With 267 days until expiration, over 9,450 contracts traded against a prior open interest of 181 contracts, for a 52-fold rise in volume. The buyer of the puts paid about $0.50 to make the trade. With ...
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Uber (UBER) have been in a decline for several months, although shares did pop higher on Tuesday thanks to the company’s forecast for its first profitable earnings report. One trader sees the downtrend continuing, however. That’s based on the June $25 puts. With 267 days until expiration, over 9,450 contracts traded against a prior open interest of 181 contracts, for a 52-fold rise in volume. The buyer of the puts paid about $0.50 to make the trade. With ...
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