Unusual Options Activity: The Walt Disney Company (DIS)
Media giant
The Walt Disney Company (DIS) has been declining this year, amid dropping theme park attendance and a strike impacting production in Hollywood. One trader sees a further decline in the weeks ahead. That’s based on the August $82 puts. With 21 days until expiration, 4,679 contracts traded compared to a prior open interest of 156, for a 30-fold rise in volume on the trade. The buyer of the puts paid $1.40 to make the bearish bet. Disney shares last went for ...
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The Walt Disney Company (DIS) has been declining this year, amid dropping theme park attendance and a strike impacting production in Hollywood. One trader sees a further decline in the weeks ahead. That’s based on the August $82 puts. With 21 days until expiration, 4,679 contracts traded compared to a prior open interest of 156, for a 30-fold rise in volume on the trade. The buyer of the puts paid $1.40 to make the bearish bet. Disney shares last went for ...
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Unusual Options Activity: General Motors (GM)
Automobile manufacturer
General Motors (GM) has been rangebound over the past year, and shares appear to be trending down once again. One trader is betting shares will further decline from here in the coming weeks. That’s based on the August 18 $35.50 puts. With 22 days until expiration, 5,802 contracts traded compared to a prior open interest of 129, for a 45-fold rise in volume on the trade. The buyer of the puts paid $0.31 to make the bearish bet. Shares recently traded ...
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General Motors (GM) has been rangebound over the past year, and shares appear to be trending down once again. One trader is betting shares will further decline from here in the coming weeks. That’s based on the August 18 $35.50 puts. With 22 days until expiration, 5,802 contracts traded compared to a prior open interest of 129, for a 45-fold rise in volume on the trade. The buyer of the puts paid $0.31 to make the bearish bet. Shares recently traded ...
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Unusual Options Activity: Meta Platforms (META)
Social media provider
Meta Platforms (META) has more than tripled off of last year’s lows. One trader sees the rally continuing into 2025. That’s based on the January 2025 $550 calls. With 541 days until expiration, 5,032 contracts traded compared to a prior open interest of 167, for a 30-fold rise in volume on the trade. The buyer of the calls paid $9.95 to make the bullish bet. Meta recently traded for just over $290, so shares would need to rally another 90 ...
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Meta Platforms (META) has more than tripled off of last year’s lows. One trader sees the rally continuing into 2025. That’s based on the January 2025 $550 calls. With 541 days until expiration, 5,032 contracts traded compared to a prior open interest of 167, for a 30-fold rise in volume on the trade. The buyer of the calls paid $9.95 to make the bullish bet. Meta recently traded for just over $290, so shares would need to rally another 90 ...
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Unusual Options Activity: Axos Financial (AX)
Nevada-based bank
Axos Financial (AX) is now up for the year, as shares have recovered following the bank stock selloff in the spring. One trader sees shares trending lower in the weeks ahead. That’s based on the August $40 puts. With 24 days until expiration, 5,056 contracts traded compared to a prior open interest of 131, for a 39-fold rise in volume on the trade. The buyer of the puts paid $0.75 to make the bearish bet. Axos shares recently went for about ...
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Axos Financial (AX) is now up for the year, as shares have recovered following the bank stock selloff in the spring. One trader sees shares trending lower in the weeks ahead. That’s based on the August $40 puts. With 24 days until expiration, 5,056 contracts traded compared to a prior open interest of 131, for a 39-fold rise in volume on the trade. The buyer of the puts paid $0.75 to make the bearish bet. Axos shares recently went for about ...
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Unusual Options Activity: EnLink Midstream (ENLC)
Oil and gas midstream firm
EnLink Midstream (ENLC) have risen over 30 percent since their May lows. One trader sees shares continuing higher in the coming weeks. That’s based on the September $12 calls. With 52 days until expiration, 13,412 contracts traded compared to a prior open interest of 579, for a 23-fold rise in volume on the trade. The buyer of the calls paid $0.35 to make the bullish bet. Shares recently traded for about $11.50, so they would need to rise ...
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EnLink Midstream (ENLC) have risen over 30 percent since their May lows. One trader sees shares continuing higher in the coming weeks. That’s based on the September $12 calls. With 52 days until expiration, 13,412 contracts traded compared to a prior open interest of 579, for a 23-fold rise in volume on the trade. The buyer of the calls paid $0.35 to make the bullish bet. Shares recently traded for about $11.50, so they would need to rise ...
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Unusual Options Activity: Rio Tinto Group (RIO)
Iron ore producer
Rio Tinto Group (RIO) has seen shares drop nearly 10 percent since the start of the year. One trader sees shares moving higher in the coming months. That’s based on the October $60 calls. With 91 days until expiration, 10,844 contracts traded compared to a prior open interest of 125, for an 87-fold rise in volume on the trade. The buyer of the calls paid $7.10 to make the bullish bet. Shares recently traded for about $66, making the options ...
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Rio Tinto Group (RIO) has seen shares drop nearly 10 percent since the start of the year. One trader sees shares moving higher in the coming months. That’s based on the October $60 calls. With 91 days until expiration, 10,844 contracts traded compared to a prior open interest of 125, for an 87-fold rise in volume on the trade. The buyer of the calls paid $7.10 to make the bullish bet. Shares recently traded for about $66, making the options ...
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Unusual Options Activity: Nvidia (NVDA)
Graphics processing unit manufacturer
Nivida (NVDA) has been on a tear this year, with shares more than doubling. One trader sees a pullback in the coming weeks. That’s based on the August 25 $460 puts. With 35 days until expiration, 9,870 contracts traded compared to a prior open interest of 157, for a 63-fold rise in volume on the trade. The buyer of the puts paid $26.30 to make the bearish bet. Shares recently traded for about $475, so they would need to ...
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Nivida (NVDA) has been on a tear this year, with shares more than doubling. One trader sees a pullback in the coming weeks. That’s based on the August 25 $460 puts. With 35 days until expiration, 9,870 contracts traded compared to a prior open interest of 157, for a 63-fold rise in volume on the trade. The buyer of the puts paid $26.30 to make the bearish bet. Shares recently traded for about $475, so they would need to ...
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Unusual Options Activity: Advanced Micro Devices (AMD)
Semiconductor firm
Advanced Micro Devices (AMD) has nearly doubled so far this year. One trader sees shares pulling back in the coming weeks. That’s based on the August 25 $115 puts. With 37 days until expiration, 11,158 contracts traded compared to a prior interest of 101, for a 101-fold rise in volume on the trade. The buyer of the puts paid $5.60 to make the bearish bet. AMD recently traded for about $118, so the stock would need to fall about 2.5 percent, ...
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Advanced Micro Devices (AMD) has nearly doubled so far this year. One trader sees shares pulling back in the coming weeks. That’s based on the August 25 $115 puts. With 37 days until expiration, 11,158 contracts traded compared to a prior interest of 101, for a 101-fold rise in volume on the trade. The buyer of the puts paid $5.60 to make the bearish bet. AMD recently traded for about $118, so the stock would need to fall about 2.5 percent, ...
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