Unusual Option Activity: Tesla Motors (TSLA)
Electric vehicle manufacturer
Tesla Motors (TSLA) is down 10 percent over the past year, as the company’s sales have slowed. One trader sees a further decline in the weeks ahead. That’s based on the March 22 $140 puts. With 35 days until expiration, 22,675 contracts traded compared to a prior open interest of 365, for a 62-fold rise in volume on the trade. The buyer of the puts paid $0.55 to make the bearish bet. Tesla shares recently traded for about $184, so ...
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Tesla Motors (TSLA) is down 10 percent over the past year, as the company’s sales have slowed. One trader sees a further decline in the weeks ahead. That’s based on the March 22 $140 puts. With 35 days until expiration, 22,675 contracts traded compared to a prior open interest of 365, for a 62-fold rise in volume on the trade. The buyer of the puts paid $0.55 to make the bearish bet. Tesla shares recently traded for about $184, so ...
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Unusual Option Activity: Exxon Mobil (XOM)
Oil and gas giant
Exxon Mobil (XOM) has seen its shares slide 13 percent over the past year, as energy prices have traded in a range. One trader sees shares trending lower through the middle of next year. That’s based on the June 2025 $125 puts. With 492 days until expiration, 5,204 contracts traded compared to a prior open interest of 113, for a 46-fold rise in volume on the trade. The buyer of the puts paid $24.20 to make the bearish ...
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Exxon Mobil (XOM) has seen its shares slide 13 percent over the past year, as energy prices have traded in a range. One trader sees shares trending lower through the middle of next year. That’s based on the June 2025 $125 puts. With 492 days until expiration, 5,204 contracts traded compared to a prior open interest of 113, for a 46-fold rise in volume on the trade. The buyer of the puts paid $24.20 to make the bearish ...
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Unusual Option Activity: Micron (MU)
Semiconductor producer
Micron Technologies (MU) have had a strong year, rallying 42 percent. One trader sees further upside in the coming months. That’s based on the May $100 calls. With 93 days until expiration, 14,221 contracts traded compared to a prior open interest of 354, for a 40-fold rise in volume on the trade. The buyer of the calls paid $2.19 to make the bullish bet. Micron shares recently traded for about $85, so shares would need to rise $15, or over 17 ...
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Micron Technologies (MU) have had a strong year, rallying 42 percent. One trader sees further upside in the coming months. That’s based on the May $100 calls. With 93 days until expiration, 14,221 contracts traded compared to a prior open interest of 354, for a 40-fold rise in volume on the trade. The buyer of the calls paid $2.19 to make the bullish bet. Micron shares recently traded for about $85, so shares would need to rise $15, or over 17 ...
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Unusual Option Activity: Advance Auto Parts (AAP)
Auto parts chain store
Advance Auto Parts (AAP) is down over 56 percent in the past year. One trader is betting on further downside ahead in the coming weeks. That’s based on the March 15 $42.50 puts. With 31 days until expiration, 8,859 contracts traded compared to a prior open interest of 211, for a 42-fold rise in volume on the trade. The buyer of the puts paid $0.36 to make the bearish bet. Advance Auto Parts shares recently traded for about $64, ...
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Advance Auto Parts (AAP) is down over 56 percent in the past year. One trader is betting on further downside ahead in the coming weeks. That’s based on the March 15 $42.50 puts. With 31 days until expiration, 8,859 contracts traded compared to a prior open interest of 211, for a 42-fold rise in volume on the trade. The buyer of the puts paid $0.36 to make the bearish bet. Advance Auto Parts shares recently traded for about $64, ...
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Unusual Option Activity: Microsoft (MSFT)
Tech giant
Microsoft (MSFT) is trading near all-time highs after soaring 52 percent over the past year. One trader sees shares making a quick pullback in the coming weeks. That’s based on the March 1 $410 puts. With 21 days until expiration, 13,305 contracts traded compared to a prior open interest of 254, for a 52-fold rise in volume on the trade. The buyer of the puts paid $5.50 to make the bearish bet. Microsoft shares recently traded for about $415, meaning ...
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Microsoft (MSFT) is trading near all-time highs after soaring 52 percent over the past year. One trader sees shares making a quick pullback in the coming weeks. That’s based on the March 1 $410 puts. With 21 days until expiration, 13,305 contracts traded compared to a prior open interest of 254, for a 52-fold rise in volume on the trade. The buyer of the puts paid $5.50 to make the bearish bet. Microsoft shares recently traded for about $415, meaning ...
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Unusual Option Activity: KeyCorp (KEY)
Regional bank
KeyCorp (KEY) has lost 30 percent over the past year amid rising interest rates and investor fear over smaller banks. One trader sees further downside in the coming weeks. That’s based on the March 1 $13 puts. With 22 days until expiration, 7,590 contracts traded compared to a prior open interest of 121, for a 63-fold rise in volume on the trade. The buyer of the puts paid $0.29 to make the bearish bet. KeyCorp shares recently traded for about $14 ...
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KeyCorp (KEY) has lost 30 percent over the past year amid rising interest rates and investor fear over smaller banks. One trader sees further downside in the coming weeks. That’s based on the March 1 $13 puts. With 22 days until expiration, 7,590 contracts traded compared to a prior open interest of 121, for a 63-fold rise in volume on the trade. The buyer of the puts paid $0.29 to make the bearish bet. KeyCorp shares recently traded for about $14 ...
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Unusual Option Activity: Meta Platforms (META)
Social media operator
Meta Platforms (META) has been soaring higher following its latest earnings beat and after announcing it will start paying a dividend. One trader sees shares rising further in the coming weeks. That’s based on the March 1 $465 calls. With 23 days until expiration, 4,832 contracts traded compared to a prior open interest of 185, for a 26-fold rise in volume on the trade. The buyer of the calls paid $12.95. Meta shares recently traded for about $460, so shares ...
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Meta Platforms (META) has been soaring higher following its latest earnings beat and after announcing it will start paying a dividend. One trader sees shares rising further in the coming weeks. That’s based on the March 1 $465 calls. With 23 days until expiration, 4,832 contracts traded compared to a prior open interest of 185, for a 26-fold rise in volume on the trade. The buyer of the calls paid $12.95. Meta shares recently traded for about $460, so shares ...
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Unusual Option Activity: The Trade Desk (TTD)
Digital media advertisement app
The Trade Desk (TTD) is up 33 percent over the past year. One trader sees further upside ahead for shares in the coming months. That’s based on the April $60 calls. With 72 days until expiration, 20,206 contracts traded compared to a prior open interest of 272, for a 74-fold rise in volume on the trade. The buyer of the calls paid $13.40 to make the bullish bet. The Trade Desk shares recently traded for around $70, meaning the ...
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The Trade Desk (TTD) is up 33 percent over the past year. One trader sees further upside ahead for shares in the coming months. That’s based on the April $60 calls. With 72 days until expiration, 20,206 contracts traded compared to a prior open interest of 272, for a 74-fold rise in volume on the trade. The buyer of the calls paid $13.40 to make the bullish bet. The Trade Desk shares recently traded for around $70, meaning the ...
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