Unusual Options Activity

Oil and gas drilling services provider Patterson-UTI Energy (PTEN) is down 25% over the past year. One trader sees shares declining over the coming weeks. That’s based on the August 16 $10 puts. With 25 days until expiration, 48,155 contracts traded compared to a prior open interest of 711, for a 68-fold rise in volume on the trade. The buyer of the puts paid $0.20 to make the bearish bet. Patterson-UTI Energy shares recently traded for about $10.75, so they would need ...
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Autonomous driving technology company
Aurora Innovation (AUR) is up 71% over the past year. One trader sees shares pulling back in the coming weeks. That’s based on the August 16 $4 puts. With 28 days until expiration, 20,620 contracts traded compared to a prior open interest of 370, for a 56-fold rise in volume on the trade. The buyer of the puts paid $0.36 to make the bearish bet. Aurora shares recently traded for about $4.30, meaning that shares would need to drop ...
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Computer manufacturer Dell Technologies (DELL) is up 155% over the past year as surging AI demand is boosting computer sales. One trader sees a pullback ahead over the coming weeks. That’s based on the September 20 $105 puts. With 64 days until expiration, 4,512 contracts traded compared to a prior open interest of 192, for a 24-fold rise in volume on the trade. The buyer of the puts paid $1.90 to make the bearish bet. Dell shares recently traded for about $135, ...
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Oil and gas refining giant Valero Energy Corporation (VLO) is up 30% over the past year, slightly beating the S&P 500’s return. One trader sees shares trending higher through the end of the year. That’s based on the December 20 $175 calls. With 156 days until expiration, 10,247 contracts traded compared to a prior open interest of 423, for a 24-fold rise in volume on the trade. The buyer of the calls paid $4.10 to make the bullish bet. Valero shares recently ...
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Silver producer Pan American Silver (PAAS) is up 51% over the past year, more than double the return of the S&P 500. One trader is betting that shares will continue higher over the coming weeks. That’s based on the August $30 calls. With 31 days until expiration, 12,601 contracts traded compared to a prior open interest of 100, for a 126-fold rise in volume on the trade. The buyer of the calls paid $0.13 to make the bullish bet. Shares recently traded ...
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Brazilian based digital banking platform Nu Holdings (NU) is up 62% over the past year. One trader sees further gains ahead for shares going into 2026. That’s based on the January 2026 $17 calls. With 550 days until expiration, 25,163 contracts traded compared to a prior open interest of 264, for a 95-fold rise in volume on the trade. The buyer of the calls paid $1.67 to make the bullish bet. Nu Holdings recently traded for about $13.25. Shares would need to ...
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Investment bank Morgan Stanley (MS) is up 20% over the past year, slightly lagging the overall stock market. One trader sees shares heading far higher in the months ahead. That’s based on the October $120 calls. With 98 days until expiration, 4,009 contracts traded compared to a prior open interest of 124, for a 32-fold rise in volume on the trade. The buyer of the calls paid $0.64 to make the bullish bet. Morgan Stanley shares recently traded for about $103, meaning ...
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Semiconductor inspection and metrology equipment producer
Camtek (CAMT) is up over 307% in the past year amid surging interest in chip stocks. One trader sees shares trending even higher over the next few months. That’s based on the November $135 calls. With 127 days until expiration, 5,050 contracts traded compared to a prior open interest of 122, for a 41-fold rise in volume on the trade. The buyer of the calls paid $18.86 to make the bullish bet. Camtek shares recently traded for ...
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