Unusual Options Activity

Canadian bank The Toronto-Dominion Bank (TD), is down nearly 10% over the past year as relatively high interest rates have weighed on loan growth. One trader sees shares trending higher into next year. That’s based on the January 2025 $57.50 calls. With 191 days until expiration, 5,090 contracts traded compared to a prior open interest of 138, for a 37-fold rise in volume on the trade. The buyer of the calls paid $2.15 to make the bullish bet. TD shares recently traded ...
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Bitcoin miner
Core Scientific (CORZ) is up 194% over the past year. Shares have even held up as bitcoin prices have pulled back in recent months. One trader sees a potential decline over the coming weeks. That’s based on the August 16 $8 puts. With 38 days until expiration, 9,141 contracts traded compared to a prior open interest of 225, for a 41-fold rise in volume on the trade. The buyer of the puts paid $0.40 to make the bearish bet. Core Scientific ...
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Oil and gas exploration company
Permian Resources (PR), is up 59% over the past year, bucking the overall sideways or down returns for energy stocks. One trader sees a potential pullback over the summer. That’s based on the September 20 $15 puts. With 74 days until expiration, 1,560 contracts traded compared to a prior open interest of 100, for a 16-fold rise in volume on the trade. The buyer of the puts paid $0.65 to make the bearish bet. Permian shares recently traded ...
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Pharmaceutical giant Pfizer (PFE) is down 23% over the past year. One trader sees further weakness ahead for shares in the coming weeks. That’s based on the August 2 $26 puts. With 28 days until expiration, 15,300 contracts traded compared to a prior open interest of 630, for a 24-fold rise in volume on the trade. The buyer of the puts paid $0.26. Pfizer recently traded for about $28, so shares would need to drop nearly $2, or nearly 7%, for the ...
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Modular nuclear reactor developer
NuScale Power Corporation (SMR) is up 58% over the past year, and up over 5 times from its lows. One trader sees shares pulling back in the coming weeks. That’s based on the August 16 $10 puts. With 43 days until expiration, 4,063 contracts traded compared to a prior open interest of 119, for a 34-fold rise in volume on the trade. The buyer of the puts paid $1.25 to make the bearish bet. Shares recently traded just shy ...
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Casino operator Caesars Entertainment (CZR) is down over 20% in the past year, with shares down 5% on Monday alone. One trader sees the stock rebounding in the coming weeks. That’s based on the August 16 $35 calls. With 44 days until expiration, 8,183 contracts traded compared to a prior open interest of 141, for a 58-fold rise in volume on the trade. The buyer of the calls paid $4.00 to make the bullish bet. Caesars shares recently traded for about $37.75, ...
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Regional bank KeyCorp (KEY) is up 47% over the past year, soaring higher following the bank failures in early 2023. One trader sees shares continuing higher in the weeks ahead. That’s based on the July 26 $15 calls. With 24 days until expiration, 6,014 contracts traded compared to a prior open interest of 173, for a 35-fold rise in volume on the trade. The buyer of the calls paid $0.17 to make the bullish bet. KeyCorp shares last traded just over $14, ...
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Energy stocks have been trending higher over the past few weeks, including giants like Chevron (CVX). One trader sees shares making a pullback in the weeks ahead. That’s based on the July 26 $150 puts. With 25 days until expiration, 3,511 contracts traded compared to a prior open interest of 103, for a 34-fold rise in volume on the trade. The buyer of the puts paid $1.03 to make the bearish bet. Chevron shares recently traded for about $156, meaning shares would ...
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