Unusual Options Activity

Oil and gas exploration company Antero Resources (AR) is up 19% over the past year, lagging the overall market. One trader sees the potential for shares to move higher into the middle of next year. That’s based on the June 2025 $35 calls. With 267 days until expiration, 5,048 contracts traded compared to a prior open interest of 141, for a 36-fold rise in volume on the trade. The buyer of the calls paid $1.86 to make the bullish bet. Antero shares ...
Read More About This

Digital asset mining services company Core Scientific (CORZ) is up 248% over the past year, and shares are near their 52-week highs. One trader sees further gains in the days ahead. That’s based on the October 11 $13 calls. With 16 days until expiration, 9,989 contracts traded compared to a prior open interest of 129, for a 77-fold rise in volume on the trade. The buyer of the calls paid $0.55 to make the bullish bet. Core Scientific shares recently traded for ...
Read More About This

Automotive chip manufacturer ON Semiconductor (ON) is down 22% over the past year, as investors have been more focused on other tech trends and EV sales have been lackluster. One trader sees further weakness in the weeks ahead. That’s based on the November 15 $55 puts. With 52 days until expiration, 8,839 contracts traded compared to a prior open interest of 155, for a 57-fold rise in volume on the trade. The buyer of the puts paid $1.08 to make the ...
Read More About This

Regional bank
Valley National Bancorp (VLY) is up 8% over the past year, far lagging the overall stock market. One trader sees shares trending higher over the coming weeks. That’s based on the October 18 $10 calls. With 25 days until expiration, 18,507 contracts traded compared to a prior open interest of 263, for a 70-fold rise in volume on the trade. The buyer of the calls paid $0.15 to make the bullish bet. Valley National recently traded for about $9.35, so shares ...
Read More About This

Uranium producer
Uranium Energy Corp (UEC), is down 2% over the past year, with shares down over one-third from their February peak. One trader sees the stock recovering to bounce higher into next year. That’s based on the February 2025 $8 calls. With 154 days until expiration, 3,635 contracts traded compared to a prior open interest of 127, for a 29-fold rise in volume on the trade. The buyer of the calls paid $0.21 to make the bullish bet. UEC shares recently traded ...
Read More About This

Outsourcing and IT services giant
Genpact Limited (G) is up 6% over the past year, far lagging the overall stock market. One trader sees shares trending lower into the end of the year. That’s based on the December 20 $30 puts. With 92 days until expiration, 4,000 contracts traded compared to a prior open interest of 130, for a 31-fold rise in volume on the trade. The buyer of the puts paid $0.20 to make the bearish bet. Genpact shares recently traded for ...
Read More About This

Telecom and communications giant
Comcast (CMCSA) is down 13% over the past year. One trader expects further downside in the months ahead. That’s based on the April 2025 $30 puts. With 211 days until expiration, 6,315 contracts traded compared to a prior open interest of 117, for a 54-fold rise in volume on the trade. The buyer of the puts paid $0.55 to make the bearish bet. Comcast shares recently traded for about $39, so the stock would need to decline by at ...
Read More About This

Department store chain Kohl’s Corporation (KSS) is down 15% over the past year, and trades near six-month lows. One trader expects a pop higher for shares in the coming days. That’s based on the September 27 $20.50 calls. With 10 days until expiration, 15,148 contracts traded compared to a prior open interest of 134, for a 113-fold rise in volume on the trade. The buyer of the calls paid $0.37 to make the bullish bet. Kohl’s shares traded for about $19.50, so ...
Read More About This