Unusual Options Activity: Amazon (AMZN)
Technology giant
Amazon (AMZN) has soared in the past year, surging 77% higher. One trader sees shares taking a breather over the coming months and giving back some of their recent gains. That’s based on the August $125 puts. With 137 days until expiration, 8,594 contracts traded compared to a prior open interest of 212, for a 41-fold rise in volume on the trade. The buyer of the puts paid $0.93 to make the bearish bet. Shares recently traded for about $180, meaning ...
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Amazon (AMZN) has soared in the past year, surging 77% higher. One trader sees shares taking a breather over the coming months and giving back some of their recent gains. That’s based on the August $125 puts. With 137 days until expiration, 8,594 contracts traded compared to a prior open interest of 212, for a 41-fold rise in volume on the trade. The buyer of the puts paid $0.93 to make the bearish bet. Shares recently traded for about $180, meaning ...
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Unusual Options Activity: General Motors (GM)
Car and truck producer
General Motors (GM) is hitting a new 52-week high. One trader sees shares trending even higher over the next few months. That’s based on the July $50 calls. With 112 days until expiration, 11,169 contracts traded compared to a prior open interest of 188, for a 59-fold rise in volume on the trade. The buyer of the calls paid $1.12 to make the bullish bet. General Motors shares recently traded for about $45, so shares would need to rise ...
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General Motors (GM) is hitting a new 52-week high. One trader sees shares trending even higher over the next few months. That’s based on the July $50 calls. With 112 days until expiration, 11,169 contracts traded compared to a prior open interest of 188, for a 59-fold rise in volume on the trade. The buyer of the calls paid $1.12 to make the bullish bet. General Motors shares recently traded for about $45, so shares would need to rise ...
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Unusual Options Activity: Krispy Kreme (DNUT)
Shares of doughnut maker
Krispy Kreme (DNUT) soared 35% on Monday, following news that its product would start appearing at fast food giant
McDonald’s (MCD). One trader sees the rally continuing in the coming weeks. That’s based on the April $15 calls. With 22 days until expiration, 8,3405 contracts traded compared to a prior open interest of 144, for a 58-fold rise in volume on the trade. The buyer of the calls paid $2.00 to make the bullish bet. Krispy Kreme shares soared to ...
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Krispy Kreme (DNUT) soared 35% on Monday, following news that its product would start appearing at fast food giant
McDonald’s (MCD). One trader sees the rally continuing in the coming weeks. That’s based on the April $15 calls. With 22 days until expiration, 8,3405 contracts traded compared to a prior open interest of 144, for a 58-fold rise in volume on the trade. The buyer of the calls paid $2.00 to make the bullish bet. Krispy Kreme shares soared to ...
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Unusual Options Activity: DoorDash (DASH)
Food delivery service company
DoorDash (DASH) has soared in the past year, with shares up 129%. One trader sees shares continuing to trend higher. That’s based on the June $120 calls. With 86 days until expiration, 43,036 contracts traded compared to a prior open interest of 527, for an 82-fold rise in volume on the trade. The buyer of the calls paid $25.22 to make the bullish bet. DoorDash shares recently traded for about $138, meaning about $18 of the option’s price is ...
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DoorDash (DASH) has soared in the past year, with shares up 129%. One trader sees shares continuing to trend higher. That’s based on the June $120 calls. With 86 days until expiration, 43,036 contracts traded compared to a prior open interest of 527, for an 82-fold rise in volume on the trade. The buyer of the calls paid $25.22 to make the bullish bet. DoorDash shares recently traded for about $138, meaning about $18 of the option’s price is ...
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Unusual Options Activity: Wynn Resorts (WYNN)
Resort and casino operator
Wynn Resorts (WYNN) has been trending higher in recent months, but shares are still down 6% over the past year. One trader sees shares pulling back over the next few weeks. That’s based on the May $95 puts. With 52 days until expiration, 6,516 contracts traded compared to a prior open interest of 117, for a 56-fold rise in volume on the trade. The buyer of the puts paid $2.46 to make the bearish bet. Wynn shares recently traded ...
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Wynn Resorts (WYNN) has been trending higher in recent months, but shares are still down 6% over the past year. One trader sees shares pulling back over the next few weeks. That’s based on the May $95 puts. With 52 days until expiration, 6,516 contracts traded compared to a prior open interest of 117, for a 56-fold rise in volume on the trade. The buyer of the puts paid $2.46 to make the bearish bet. Wynn shares recently traded ...
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Unusual Option Activity: The Gap (GPS)
Retailer
The Gap (GPS) has been a runaway winner over the past year, with a 205% rally. One trader sees shares climbing even further in the next four months. That’s based on the July $30 calls. With 116 days until expiration, 3,173 contracts traded compared to a prior open interest of 119, for a 27-fold rise in volume on the trade. The buyer of the calls paid $2.60 to make the bullish bet. Gap shares recently traded for about $28.50. The stock needs ...
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The Gap (GPS) has been a runaway winner over the past year, with a 205% rally. One trader sees shares climbing even further in the next four months. That’s based on the July $30 calls. With 116 days until expiration, 3,173 contracts traded compared to a prior open interest of 119, for a 27-fold rise in volume on the trade. The buyer of the calls paid $2.60 to make the bullish bet. Gap shares recently traded for about $28.50. The stock needs ...
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Unusual Option Activity: Meta Platforms (META)
Social media giant
Meta Platforms (META) is up nearly 150% over the past year. One trader sees further upside in the month ahead. That’s based on the April 26 $550 call options. With 35 days until expiration, 3,839 contracts traded compared to a prior open interest of 108, for a 35-fold rise in volume on the trade. The buyer of the calls paid $14.35 to make the bullish bet. Meta shares recently traded for about $500, so would need to rise about $50, ...
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Meta Platforms (META) is up nearly 150% over the past year. One trader sees further upside in the month ahead. That’s based on the April 26 $550 call options. With 35 days until expiration, 3,839 contracts traded compared to a prior open interest of 108, for a 35-fold rise in volume on the trade. The buyer of the calls paid $14.35 to make the bullish bet. Meta shares recently traded for about $500, so would need to rise about $50, ...
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Unusual Options Activity: Northern Oil & Gas (NOG)
Oil and gas exploration company
Northern Oil & Gas (NOG) is up 35% over the past year, higher than the overall market. One trader is betting the outperformance will continue in the next six months. That’s based on the September $42 calls. 2,602 contracts traded compared to a prior open interest of 101, for a 26-fold rise in volume on the trade. The contracts have 183 days left until expiration. The buyer of the calls paid $2.30 to make the bullish bet. NOG ...
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Northern Oil & Gas (NOG) is up 35% over the past year, higher than the overall market. One trader is betting the outperformance will continue in the next six months. That’s based on the September $42 calls. 2,602 contracts traded compared to a prior open interest of 101, for a 26-fold rise in volume on the trade. The contracts have 183 days left until expiration. The buyer of the calls paid $2.30 to make the bullish bet. NOG ...
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