Unusual Options Activity: Advanced Micro Devices (AMD)
Shares of semiconductor firm
Advanced Micro Devices (AMD) have traded flat over the past month following a longer-term rally. One trader sees that rally resuming in the coming weeks. That’s based on the October 8 $115 calls. With 28 days until expiration, just under 6,300 contracts traded against a prior open interest of 162, for a 39-fold rise in volume. The buyer of the calls paid $1.81 to make the trade. With shares around $106, they’d need to rise $9, or about 8.4 ...
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Advanced Micro Devices (AMD) have traded flat over the past month following a longer-term rally. One trader sees that rally resuming in the coming weeks. That’s based on the October 8 $115 calls. With 28 days until expiration, just under 6,300 contracts traded against a prior open interest of 162, for a 39-fold rise in volume. The buyer of the calls paid $1.81 to make the trade. With shares around $106, they’d need to rise $9, or about 8.4 ...
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Unusual Options Activity: Equitrans Midstream Corporation (ETRN)
Shares of natural gas gathering, transmission, and storage firm
Equitrans Midstream Corporation (ETRN) have traded flat over the past year. One trader sees a rally in the months ahead. That’s based on the January $12.50 calls. With 134 days until expiration, over 15,420 contracts traded, a 39-fold rise in volume from the prior open interest of 391 contracts. The buyer of the calls paid $0.18 to make the trade. Shares are currently in the low $9 range, meaning shares would need to ...
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Equitrans Midstream Corporation (ETRN) have traded flat over the past year. One trader sees a rally in the months ahead. That’s based on the January $12.50 calls. With 134 days until expiration, over 15,420 contracts traded, a 39-fold rise in volume from the prior open interest of 391 contracts. The buyer of the calls paid $0.18 to make the trade. Shares are currently in the low $9 range, meaning shares would need to ...
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Unusual Options Activity: Enbridge (ENB)
Shares of energy infrastructure
Enbridge (ENB) have been trending higher in the past year. One trader sees that trend reversing. That’s based on the April $37.50 puts. With 218 days until expiration, over 11,250 contracts traded against a prior open interest of 151, for a 75-fold rise in volume. The buyer of the puts paid $1.63 to make the trade. Shares recently closed in near a 52-week high of $41, but are well off multi-year highs. That’s as the company’s earnings have ...
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Enbridge (ENB) have been trending higher in the past year. One trader sees that trend reversing. That’s based on the April $37.50 puts. With 218 days until expiration, over 11,250 contracts traded against a prior open interest of 151, for a 75-fold rise in volume. The buyer of the puts paid $1.63 to make the trade. Shares recently closed in near a 52-week high of $41, but are well off multi-year highs. That’s as the company’s earnings have ...
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Unusual Options Activity: Cameco (CCJ)
Shares of uranium producer
Cameco (CCJ) were on a strong uptrend until June, then slid. In recent days, they’ve moved higher. One trader sees that trend continuing in the weeks ahead. That’s based on the October $21 calls. With 39 days until expiration, over 5,065 contracts traded against an open interest of 155, for a 33-fold rise in volume. The buyer of the calls paid about $1.32 on average. Shares are just under $21 right now, about $1 under their old 52-week ...
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Cameco (CCJ) were on a strong uptrend until June, then slid. In recent days, they’ve moved higher. One trader sees that trend continuing in the weeks ahead. That’s based on the October $21 calls. With 39 days until expiration, over 5,065 contracts traded against an open interest of 155, for a 33-fold rise in volume. The buyer of the calls paid about $1.32 on average. Shares are just under $21 right now, about $1 under their old 52-week ...
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Unusual Options Activity: Mastercard Incorporated (MA)
Shares of credit card giant
Mastercard (MA) have been sliding over the past month. However, one trader sees the potential for a move higher in the coming few months. That’s based on the November $355 calls. With 77 days until expiration, over 17,960 contracts traded against a prior open interest of 110, for a 163-fold explosion in volume. The buyer of the calls paid about $13.85 to make the trade. With shares around $350, the option is nearly at-the-money. Over the past year, ...
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Mastercard (MA) have been sliding over the past month. However, one trader sees the potential for a move higher in the coming few months. That’s based on the November $355 calls. With 77 days until expiration, over 17,960 contracts traded against a prior open interest of 110, for a 163-fold explosion in volume. The buyer of the calls paid about $13.85 to make the trade. With shares around $350, the option is nearly at-the-money. Over the past year, ...
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Unusual Options Activity: Vinco Ventures (BBIG)
Shares of product research company
Vinco Ventures (BBIG) have quadrupled in recent sessions. One trader sees the possibility for a surge even higher. That’s based on the October $20 calls. Over 10,173 contracts traded against a prior open interest of 111, for a 92-fold jump in volume. The buyer of the calls paid about $1.33 to make the trade. With shares trading around $10 on Wednesday, they’d need to rally over 100 percent in the next 43 days before expiration for the option ...
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Vinco Ventures (BBIG) have quadrupled in recent sessions. One trader sees the possibility for a surge even higher. That’s based on the October $20 calls. Over 10,173 contracts traded against a prior open interest of 111, for a 92-fold jump in volume. The buyer of the calls paid about $1.33 to make the trade. With shares trading around $10 on Wednesday, they’d need to rally over 100 percent in the next 43 days before expiration for the option ...
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Unusual Options Activity: Apple (AAPL)
Consumer tech giant
Apple (AAPL) has been pushing to new highs in recent weeks. One trader sees the trend continuing throughout the month of September. That’s based on the October 1 $180 calls. With 30 days until expiration, over 35,270 contracts traded against an open interest of 269, for a massive 131-fold jump in volume. The buyer of the calls paid about $0.23 to make the trade. While shares have moved higher in recent sessions, they currently trade around $153. Shares would need ...
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Apple (AAPL) has been pushing to new highs in recent weeks. One trader sees the trend continuing throughout the month of September. That’s based on the October 1 $180 calls. With 30 days until expiration, over 35,270 contracts traded against an open interest of 269, for a massive 131-fold jump in volume. The buyer of the calls paid about $0.23 to make the trade. While shares have moved higher in recent sessions, they currently trade around $153. Shares would need ...
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Unusual Options Activity: eBay (EBAY)
Online auction site
eBay (EBAY) has seen shares move higher over the past year with a number of small dips along the way. One trader sees that trend continuing in the short term. That’s based on the September 10 $70 calls. Over 5,715 contracts traded compared to an open interest of 122, for a 47-fold rise in volume. The buyer of the calls paid about $0.47 to make the trade. With 10 days until expiration, and with shares around $76.50 right at ...
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eBay (EBAY) has seen shares move higher over the past year with a number of small dips along the way. One trader sees that trend continuing in the short term. That’s based on the September 10 $70 calls. Over 5,715 contracts traded compared to an open interest of 122, for a 47-fold rise in volume. The buyer of the calls paid about $0.47 to make the trade. With 10 days until expiration, and with shares around $76.50 right at ...
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