Unusual Options Activity

Drug manufacturer Pfizer (PFE) is down 20% over the past year, amid a slowdown in user demand. One investor sees shares trending lower in the weeks ahead. That’s based on the October 4 $27 puts. With 30 days until expiration, 18,523 contracts traded compared to a prior open interest of 140, for a massive 132-fold rise in volume on the trade. The buyer of the puts paid $0.15 to make the bearish bet. Pfizer shares recently traded at $29, so the stock ...
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Clothing retailer Victoria’s Secret (VSCO) is up nearly 30% over the past year, but shares started to decline following earnings. One trader sees a further decline in the weeks ahead. That’s based on the October 18 $23 puts. With 45 days until expiration, 5,247 contracts traded compared to a prior open interest of 198, for a 26-fold rise in volume on the trade. The buyer of the puts paid $1.20 to make the bearish bet. Victoria’s Secret shares recently traded for about ...
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Consumer tech giant Apple (AAPL) is up 21% over the past year, slightly lagging the overall market. One trader sees shares pulling back slightly over the coming weeks. That’s based on the October 4 $210 puts. With 32 days until expiration, 6,261 contracts traded compared to a prior open interest of 175, for a 36-fold rise in volume on the trade. The buyer of the puts paid $1.35 to make the bearish bet. Apple shares recently traded for about $230. Shares would ...
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Asset manager Apollo Global Management (APO) has been on a tear, surging 33% higher over the past year. One trader expects shares to trend higher over the next 17 months. That’s based on the January 2026 $185 calls. With 502 days until expiration, 90,774 contracts traded compared to a prior open interest of 260, for a massive 350-fold rise in volume on the trade. The buyer of the calls paid $1.93 to make the bullish bet. Apollo shares last traded for just ...
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Automaker General Motors (GM) is up 45% over the past year thanks to strong growth even as higher interest rates have weighed on car sales. One trader sees a pullback in the weeks ahead. That’s based on the September 20 $47.50 puts. With 22 days until expiration, 10,897 contracts traded compared to a prior open interest of 248, for a 30-fold rise in volume on the trade. The buyer of the puts paid $0.60 to make the bearish bet. General Motors shares ...
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Specialty chemical company Huntsman Corporation (HUN) is down 20% over the past year, but has been trending higher over the past few weeks. One trader sees shares trending higher over the coming weeks. That’s based on the September $23 calls. With 23 days until expiration, 9,086 contracts traded compared to a prior open interest of 138, for a 66-fold rise in volume on the trade. The buyer of the calls paid $0.25 to make the bullish bet. Huntsman shares recently traded for ...
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Regional bank KeyCorp (KEY) is up over 50% in the past year, nearly double the returns of the overall stock market. One trader sees shares heading even higher in the coming weeks. That’s based on the September 20 $17.50 calls. With 24 days until expiration, 7,355 contracts traded compared to a prior open interest of 115, for a 64-fold rise in volume on the trade. The buyer of the calls paid $0.25 to make the bullish bet. KeyCorp shares recently traded for ...
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Fitness technology company Peloton Interactive (PTON) saw shares jump 35% on earnings last week. One trader is betting shares will be able to trend higher into early 2025. That’s based on the January 2025 $9.00 calls. With 144 days until expiration, 12,446 contracts traded compared to a prior open interest of 109, for a massive 114-fold increase in the trade. The buyer of the calls paid $0.34 to make the bullish bet. Peloton shares last traded near $4.50, meaning shares would need ...
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