Unusual Options Activity: Cemex (CX)
International cement giant
Cemex (CX) has seen shares rally in recent months. A return to normal economic activity bodes well for construction. One trader sees the trend continuing even higher. That’s based on the April 2021 $5.50 calls. Expiring in 136 days, the options saw over 12,950 contracts trade. That’s a staggering 105-fold rise in volume from the prior open interest of 105. With shares at $4.60, the stock would need to rise 19.6 percent for the option to move in-the-money. The trader ...
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Cemex (CX) has seen shares rally in recent months. A return to normal economic activity bodes well for construction. One trader sees the trend continuing even higher. That’s based on the April 2021 $5.50 calls. Expiring in 136 days, the options saw over 12,950 contracts trade. That’s a staggering 105-fold rise in volume from the prior open interest of 105. With shares at $4.60, the stock would need to rise 19.6 percent for the option to move in-the-money. The trader ...
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Unusual Options Activity: Palantir (PLTR)
Big data giant
Palantir (PLTR), which recently went public, traded sideways for a few weeks before starting a monster move higher. At least one trader sees shares continuing to head even higher from here. That’s based on the May 2021 $40 calls. Over 12,100 contracts traded against a prior open interest of 362. That’s a 33-fold rise in volume, and it came in as shares were up double-digits for yet another day. The trader paid about $7.10 for the contracts. With shares trading ...
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Palantir (PLTR), which recently went public, traded sideways for a few weeks before starting a monster move higher. At least one trader sees shares continuing to head even higher from here. That’s based on the May 2021 $40 calls. Over 12,100 contracts traded against a prior open interest of 362. That’s a 33-fold rise in volume, and it came in as shares were up double-digits for yet another day. The trader paid about $7.10 for the contracts. With shares trading ...
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Unusual Options Activity: Exxon Mobil (XOM)
Even energy stocks have seen some life in the past few weeks. Shares of
Exxon Mobil (XOM) have rallied from $32 to $42 since the start of the month. One trader sees shares trending even higher. That’s based on the February 2021 $50 calls. Expiring in 84 days, the calls would require shares to jump another 18 percent to move in-the-money. Over 21,500 contracts traded against a prior open interest of 205 for a 105-fold rise in volume! The trader paid about $0.75, ...
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Exxon Mobil (XOM) have rallied from $32 to $42 since the start of the month. One trader sees shares trending even higher. That’s based on the February 2021 $50 calls. Expiring in 84 days, the calls would require shares to jump another 18 percent to move in-the-money. Over 21,500 contracts traded against a prior open interest of 205 for a 105-fold rise in volume! The trader paid about $0.75, ...
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Unusual Options Activity: Walgreens Boots Alliance (WBA)
At least one trader is betting that shares of pharmacy chain
Walgreens Boots Alliance (WBA) will rally in the coming weeks. That’s based on the surge of buying in the December 18th $41 calls. Those options just saw a 33-fold rise in volume, going from 100 open contracts to seeing over 3,250 trade. The buyer paid about $0.36, and expire in 22 days. To move in-the-money, shares would need to rally 7.3 percent from their current price near $38.20. Shares recently pulled back ...
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Walgreens Boots Alliance (WBA) will rally in the coming weeks. That’s based on the surge of buying in the December 18th $41 calls. Those options just saw a 33-fold rise in volume, going from 100 open contracts to seeing over 3,250 trade. The buyer paid about $0.36, and expire in 22 days. To move in-the-money, shares would need to rally 7.3 percent from their current price near $38.20. Shares recently pulled back ...
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Unusual Options Activity: Bloom Energy (BE)
At least one trader is betting that shares of alternative energy firm
Bloom Energy (BE) will continue to trend higher in the next month. That’s based on the 11,805 contracts that traded on the December 18th $23 calls. That’s a 65-fold rise in volume from the prior interest of 181. With shares trading just under $22, the stock would only need to rally about 5 percent for the options to move in-the-money. The trader paid about $1.75 for the contracts, which expire in ...
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Bloom Energy (BE) will continue to trend higher in the next month. That’s based on the 11,805 contracts that traded on the December 18th $23 calls. That’s a 65-fold rise in volume from the prior interest of 181. With shares trading just under $22, the stock would only need to rally about 5 percent for the options to move in-the-money. The trader paid about $1.75 for the contracts, which expire in ...
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Unusual Options Activity: Bed Bath & Beyond (BBBY)
At least one trader is betting on a rally in
Bed Bath & Beyond (BBBY) around the Black Friday holiday. That’s based on the December 4th $21 call option. Expiring in 10 days, the option saw over 6,850 contracts trade against a prior open interest of 214, for a 32-fold rise in volume. The buyer of the calls paid about $0.84 per contract. With shares just over $21, this is an at-the-money trade. The buyer will make a profit as long as ...
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Bed Bath & Beyond (BBBY) around the Black Friday holiday. That’s based on the December 4th $21 call option. Expiring in 10 days, the option saw over 6,850 contracts trade against a prior open interest of 214, for a 32-fold rise in volume. The buyer of the calls paid about $0.84 per contract. With shares just over $21, this is an at-the-money trade. The buyer will make a profit as long as ...
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Unusual Options Activity: Bristol Myers-Squibb (BMY)
At least one trader is betting that pharma giant
Bristol Myers-Squibb (BMY) will have a big rally in the first half of 2021. That’s based on the call buying in the June 2021 $72.50 calls. The strike price of the option is about 15 percent higher than where shares currently trade at $62. Over 2,500 contracts traded against a prior open interest of 263, a nearly 10-fold rise in volume. The buyer of the contracts paid about $1.09 on average. While BMY has ...
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Bristol Myers-Squibb (BMY) will have a big rally in the first half of 2021. That’s based on the call buying in the June 2021 $72.50 calls. The strike price of the option is about 15 percent higher than where shares currently trade at $62. Over 2,500 contracts traded against a prior open interest of 263, a nearly 10-fold rise in volume. The buyer of the contracts paid about $1.09 on average. While BMY has ...
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Unusual Options Activity: Credit Suisse (CS)
European bank
Credit Suisse (CS) has seen its shares rise over the past few months. One trader sees an even bigger move ahead. That’s based on the March 2021 $14 calls. Over 4,300 contracts traded yesterday against a prior interest of 213, for a 20-fold gain in volume. The call buyer paid about $0.30 for the calls, which would move in-the-money if shares rose about 15 percent. The $14 strike price would put shares about where they traded before the March crash ...
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Credit Suisse (CS) has seen its shares rise over the past few months. One trader sees an even bigger move ahead. That’s based on the March 2021 $14 calls. Over 4,300 contracts traded yesterday against a prior interest of 213, for a 20-fold gain in volume. The call buyer paid about $0.30 for the calls, which would move in-the-money if shares rose about 15 percent. The $14 strike price would put shares about where they traded before the March crash ...
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