Unusual Options Activity: Petroleo Brasiliero (PBR)
Brazilian-based oil giant
Petroleo Brasiliero (PBR) is having a strong year, with shares up 46%. One trader sees shares pulling back in the second half of the year. That’s based on the January 2025 $15 puts. With 247 days until expiration, 15,005 contracts traded compared to a prior open interest of 197, for a 76-fold rise in volume on the trade. The buyer of the puts paid $1.21 to make the bullish bet. PBR shares recently traded just over $17, so the stock ...
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Petroleo Brasiliero (PBR) is having a strong year, with shares up 46%. One trader sees shares pulling back in the second half of the year. That’s based on the January 2025 $15 puts. With 247 days until expiration, 15,005 contracts traded compared to a prior open interest of 197, for a 76-fold rise in volume on the trade. The buyer of the puts paid $1.21 to make the bullish bet. PBR shares recently traded just over $17, so the stock ...
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Unusual Options Activity: Shopify (SHOP)
Commerce platform
Shopify (SHOP) fell last week following earnings. As a result, shares are now trading flat over the past year. One trader is betting shares will rebound from the earnings drop in the months ahead. That’s based on the September $120 calls. With 129 days until expiration, 12,376 contracts traded compared to a prior open interest of 444, for a 28-fold rise in volume on the trade. The buyer of the calls paid $0.14 to make the bullish bet. Shopify shares recently ...
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Shopify (SHOP) fell last week following earnings. As a result, shares are now trading flat over the past year. One trader is betting shares will rebound from the earnings drop in the months ahead. That’s based on the September $120 calls. With 129 days until expiration, 12,376 contracts traded compared to a prior open interest of 444, for a 28-fold rise in volume on the trade. The buyer of the calls paid $0.14 to make the bullish bet. Shopify shares recently ...
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Unusual Options Activity: Exact Sciences Corp (EXAS)
Health diagnostics company
Exact Sciences Corp (EXAS) is down nearly 25% in the past year. One trader is betting on a further decline in the coming weeks. That’s based on the June $50 puts. With 38 days until expiation, 2,758 contracts traded compared to a prior open interest of 108, for a 25-fold rise in volume on the trade. The buyer of the puts paid $1.46 to make the bearish bet. Exact shares recently traded for about $54, so the stock would need ...
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Exact Sciences Corp (EXAS) is down nearly 25% in the past year. One trader is betting on a further decline in the coming weeks. That’s based on the June $50 puts. With 38 days until expiation, 2,758 contracts traded compared to a prior open interest of 108, for a 25-fold rise in volume on the trade. The buyer of the puts paid $1.46 to make the bearish bet. Exact shares recently traded for about $54, so the stock would need ...
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Unusual Options Activity: Teva Pharmaceutical (TEVA)
Drug manufacturer
Teva Pharmaceutical (TEVA) has been on a tear, with shares soaring 67% over the past year. One trader sees shares continuing higher into the autumn. That’s based on the September $18 calls. With 133 days until expiration, 7,964 contracts traded compared to a prior open interest of 171, for a 47-fold rise in volume on the trade. The buyer of the calls paid $0.71 to make the bullish bet. Teva shares recently soared to a 52-week high just under $16 ...
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Teva Pharmaceutical (TEVA) has been on a tear, with shares soaring 67% over the past year. One trader sees shares continuing higher into the autumn. That’s based on the September $18 calls. With 133 days until expiration, 7,964 contracts traded compared to a prior open interest of 171, for a 47-fold rise in volume on the trade. The buyer of the calls paid $0.71 to make the bullish bet. Teva shares recently soared to a 52-week high just under $16 ...
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Unusual Options Activity: NextEra Energy (NEE)
Electric utility
NextEra Energy (NEE) is down 5% over the past year, but is surging higher from well off its lows. One trader sees shares continuing to rise over the next 13 months. That’s based on the June 2025 $80 calls. With 407 days until expiration, 4,685 contracts traded compared to a prior open interest of 109, for a 43-fold rise in volume on the trade. The buyer of the calls paid $4.90 to make the bullish bet. NextEra recently traded for about ...
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NextEra Energy (NEE) is down 5% over the past year, but is surging higher from well off its lows. One trader sees shares continuing to rise over the next 13 months. That’s based on the June 2025 $80 calls. With 407 days until expiration, 4,685 contracts traded compared to a prior open interest of 109, for a 43-fold rise in volume on the trade. The buyer of the calls paid $4.90 to make the bullish bet. NextEra recently traded for about ...
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Unusual Options Activity: Walmart (WMT)
Retail giant
Walmart (WMT) is up 17% in the past year, slightly underperforming the overall market. One trader sees shares pulling back by the end of the month. That’s based on the May 31 $59 puts. With 23 days until expiration, 6,514 contracts traded compared to a prior open interest of 154, for a 42-fold rise in volume on the trade. The buyer of the puts paid $1.23 to make the bearish bet. Shares recently traded for just under $60, meaning the stock ...
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Walmart (WMT) is up 17% in the past year, slightly underperforming the overall market. One trader sees shares pulling back by the end of the month. That’s based on the May 31 $59 puts. With 23 days until expiration, 6,514 contracts traded compared to a prior open interest of 154, for a 42-fold rise in volume on the trade. The buyer of the puts paid $1.23 to make the bearish bet. Shares recently traded for just under $60, meaning the stock ...
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Unusual Options Activity: Marathon Digital Holdings (MARA)
Bitcoin mining company
Marathon Digital Holdings (MARA) is up 62% over the past year as bitcoin prices have trended higher. One trader expects shares to drop considerably in the coming months. That’s based on the September $5.00 puts. With 136 days until expiration, 5,008 contracts traded compared to a prior open interest of 196, for a 26-fold rise in volume on the trade. The buyer of the puts paid $0.15 to make the bearish bet Marathon recently traded for about $17.50. So the ...
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Marathon Digital Holdings (MARA) is up 62% over the past year as bitcoin prices have trended higher. One trader expects shares to drop considerably in the coming months. That’s based on the September $5.00 puts. With 136 days until expiration, 5,008 contracts traded compared to a prior open interest of 196, for a 26-fold rise in volume on the trade. The buyer of the puts paid $0.15 to make the bearish bet Marathon recently traded for about $17.50. So the ...
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Unusual Options Activity: Etsy (ETSY)
Online marketplace
Etsy (ETSY) sank 16% last week following its latest earnings report. One trader sees a rebound for shares playing out in the months ahead. That’s based on the January 2025 $65 calls. With 256 days until expiration, 4,447 contracts traded compared to a prior open interest of 134, for a 33-fold increase in volume on the trade. The buyer of the calls paid $8.10 to make the bullish bet. Etsy shares traded around $58, meaning they would need to rise by ...
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Etsy (ETSY) sank 16% last week following its latest earnings report. One trader sees a rebound for shares playing out in the months ahead. That’s based on the January 2025 $65 calls. With 256 days until expiration, 4,447 contracts traded compared to a prior open interest of 134, for a 33-fold increase in volume on the trade. The buyer of the calls paid $8.10 to make the bullish bet. Etsy shares traded around $58, meaning they would need to rise by ...
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