Unusual Options Activity: IAMGOLD (IAG)
Gold prices have broken to new all-time highs of $2,150 per ounce this week. One trader is betting the trend will continue, which will benefit gold stocks such as
IAMGOLD (IAG). That’s based on the September $5 calls. With 195 days until expiration, 5,509 contracts traded compared to a prior open interest of 120, for a 46-fold rise volume on the trade. The buyer of the calls paid $0.15 to make the bullish bet. IAG shares recently traded for about $3. So shares ...
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IAMGOLD (IAG). That’s based on the September $5 calls. With 195 days until expiration, 5,509 contracts traded compared to a prior open interest of 120, for a 46-fold rise volume on the trade. The buyer of the calls paid $0.15 to make the bullish bet. IAG shares recently traded for about $3. So shares ...
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Unusual Options Activity: Microsoft (MSFT)
Tech giant
Microsoft (MSFT) has been a big winner from the tech stock rally, with shares up 63 percent over the past year. One trader sees shares continuing higher through the end of 2026. That’s based on the December 2026 $370 calls. With 1,016 days until expiration, 7,006 contracts traded compared to a prior open interest of 115, for a 70-fold rise in volume on the trade. The buyer of the calls paid $104 to make the bullish bet. Microsoft shares recently traded ...
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Microsoft (MSFT) has been a big winner from the tech stock rally, with shares up 63 percent over the past year. One trader sees shares continuing higher through the end of 2026. That’s based on the December 2026 $370 calls. With 1,016 days until expiration, 7,006 contracts traded compared to a prior open interest of 115, for a 70-fold rise in volume on the trade. The buyer of the calls paid $104 to make the bullish bet. Microsoft shares recently traded ...
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Unusual Options Activity: Zoom Video Communications (ZM)
Video conferencing company
Zoom Video Communications (ZM) is trading flat over the past year. One trader sees shares trending lower in the months ahead. That’s based on the June $80 puts. With 107 days until expiration, 48,505 contracts traded compared to a prior open interest of 365, for a massive 133-fold rise in volume on the trade. The buyer of the puts paid $11.40 to make the bearish bet. Zoom shares recently traded for about $70, meaning the $80 puts are already about ...
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Zoom Video Communications (ZM) is trading flat over the past year. One trader sees shares trending lower in the months ahead. That’s based on the June $80 puts. With 107 days until expiration, 48,505 contracts traded compared to a prior open interest of 365, for a massive 133-fold rise in volume on the trade. The buyer of the puts paid $11.40 to make the bearish bet. Zoom shares recently traded for about $70, meaning the $80 puts are already about ...
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Unusual Options Activity: Kinder Morgan (KMI)
Oil pipeline company
Kinder Morgan (KMI) is trading flat over the past year. Declining energy prices and a lack of interest in the space have kept a lid on shares. One trader sees a jump higher in the month ahead. That’s based on the April 5th $18 call option. With 31 days until expiration, 8,153 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 $0.16. Kinder Morgan ...
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Kinder Morgan (KMI) is trading flat over the past year. Declining energy prices and a lack of interest in the space have kept a lid on shares. One trader sees a jump higher in the month ahead. That’s based on the April 5th $18 call option. With 31 days until expiration, 8,153 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 $0.16. Kinder Morgan ...
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Unusual Options Activity: Block (SQ)
Digital payment company
Block (SQ) has been an underperforming stock in the past year, with shares just breaking even after a big earnings beat. One trader sees shares trending lower in the weeks ahead. That’s based on the May $70 puts. With 73 days until expiration, 26,315 contracts traded compared to a prior open interest of 1,128, for a 23-fold rise in volume on the trade. The buyer of the puts paid $3.30 to make the bearish bet. Block recently trade near $80 ...
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Block (SQ) has been an underperforming stock in the past year, with shares just breaking even after a big earnings beat. One trader sees shares trending lower in the weeks ahead. That’s based on the May $70 puts. With 73 days until expiration, 26,315 contracts traded compared to a prior open interest of 1,128, for a 23-fold rise in volume on the trade. The buyer of the puts paid $3.30 to make the bearish bet. Block recently trade near $80 ...
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Unusual Options Activity: Bumble (BMBL)
Dating app
Bumble (BMBL) is down 45 percent over the past year, and sank 15 percent following earnings earlier this week. One trader sees further weakness ahead for shares in the coming weeks. That’s based on the April $10 puts. With 48 days until expiration, 39,751 contracts traded compared to a prior open interest of 1,067 for a 37-fold rise in volume on the trade. The buyer of the puts paid $0.30 to make the bearish bet. The company has struggled operationally in ...
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Bumble (BMBL) is down 45 percent over the past year, and sank 15 percent following earnings earlier this week. One trader sees further weakness ahead for shares in the coming weeks. That’s based on the April $10 puts. With 48 days until expiration, 39,751 contracts traded compared to a prior open interest of 1,067 for a 37-fold rise in volume on the trade. The buyer of the puts paid $0.30 to make the bearish bet. The company has struggled operationally in ...
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Unusual Options Activity: Automatic Data Processing (ADP)
Payroll processing company
Automatic Data Processing (ADP) is up 15 percent over the past year, slightly underperforming the overall stock market. One trader sees further upside in the months ahead. That’s based on the April $270 calls. With 49 days until expiration, 3,731 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 $0.65 to make the bullish bet. ADP shares recently traded for about $251, so they ...
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Automatic Data Processing (ADP) is up 15 percent over the past year, slightly underperforming the overall stock market. One trader sees further upside in the months ahead. That’s based on the April $270 calls. With 49 days until expiration, 3,731 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 $0.65 to make the bullish bet. ADP shares recently traded for about $251, so they ...
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Unusual Options Activity: Berkshire Hathaway (BRK-B)
Shares of conglomerate
Berkshire Hathaway (BRK-B) dropped slightly after reporting record earnings for the fourth quarter of 2023. One trader sees shares trending higher in the coming weeks. That’s based on the April $430 calls. With 51 days until expiration, 11,615 contracts traded compared to a prior open interest of 292, for a 40-fold rise in volume on the trade. The buyer of the calls paid $2.75 to make the bullish bet. Berkshire shares recently traded for about $410, so they would need ...
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Berkshire Hathaway (BRK-B) dropped slightly after reporting record earnings for the fourth quarter of 2023. One trader sees shares trending higher in the coming weeks. That’s based on the April $430 calls. With 51 days until expiration, 11,615 contracts traded compared to a prior open interest of 292, for a 40-fold rise in volume on the trade. The buyer of the calls paid $2.75 to make the bullish bet. Berkshire shares recently traded for about $410, so they would need ...
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