Unusual Options Activity: BILL Holdings (BILL)
Payment management company
BILL Holdings (BILL) is up about 14 percent so far this year. However, one trader sees a pullback in the months ahead. That’s based on the November $120 puts. With 122 days until expiration, 22,046 contracts traded compared to a prior open interest of 101, for a 218-fold rise in volume on the trade. The buyer of the puts paid $14.60 to make the bearish bet. Shares recently went for about $125, so they would need to drop $5, or ...
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BILL Holdings (BILL) is up about 14 percent so far this year. However, one trader sees a pullback in the months ahead. That’s based on the November $120 puts. With 122 days until expiration, 22,046 contracts traded compared to a prior open interest of 101, for a 218-fold rise in volume on the trade. The buyer of the puts paid $14.60 to make the bearish bet. Shares recently went for about $125, so they would need to drop $5, or ...
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Unusual Options Activity: JPMorgan Chase (JPM)
Megabank
JPMorgan Chase (JPM) is up about 10 percent so far this year, as regional banks have plunged into turmoil. One trader sees shares moving even higher in the coming days. That’s based on the July 28 $157.50 calls. With 10 days until expiration, 22,806 contracts traded compared to a prior open interest of 104, for a staggering 219-fold jump in volume on the trade. The buyer of the calls paid $0.59 to make the bullish bet. Shares recently traded near a ...
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JPMorgan Chase (JPM) is up about 10 percent so far this year, as regional banks have plunged into turmoil. One trader sees shares moving even higher in the coming days. That’s based on the July 28 $157.50 calls. With 10 days until expiration, 22,806 contracts traded compared to a prior open interest of 104, for a staggering 219-fold jump in volume on the trade. The buyer of the calls paid $0.59 to make the bullish bet. Shares recently traded near a ...
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Unusual Options Activity: Marathon Digital Holdings (MARA)
Digital asset company
Marathon Digital Holdings (MARA) has risen nearly 70 percent in recent weeks on news that the SEC may approve a bitcoin ETF. One trader is betting shares will give back some of their recent gains in the coming weeks. That’s based on the August $18 puts. With 36 days until expiration, 8,144 contracts traded compared to a prior open interest of 148, for a 55-fold rise in volume on the trade. The buyer of the puts paid $3.10 to ...
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Marathon Digital Holdings (MARA) has risen nearly 70 percent in recent weeks on news that the SEC may approve a bitcoin ETF. One trader is betting shares will give back some of their recent gains in the coming weeks. That’s based on the August $18 puts. With 36 days until expiration, 8,144 contracts traded compared to a prior open interest of 148, for a 55-fold rise in volume on the trade. The buyer of the puts paid $3.10 to ...
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Unusual Options Activity: Coinbase (COIN)
Shares of cryptocurrency brokerage firm
Coinbase (COIN) have surged over 60 percent in recent weeks amid talk of a bitcoin ETF being approved by the SEC. One trader sees a pullback in the weeks ahead. That’s based on the August $85 puts. With 35 days until expiration, 14,081 contracts traded compared to a prior open interest of 257, for a 55-fold rise in volume on the trade. The buyer of the puts paid $9.15 to make the bearish bet. Shares recently traded near ...
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Coinbase (COIN) have surged over 60 percent in recent weeks amid talk of a bitcoin ETF being approved by the SEC. One trader sees a pullback in the weeks ahead. That’s based on the August $85 puts. With 35 days until expiration, 14,081 contracts traded compared to a prior open interest of 257, for a 55-fold rise in volume on the trade. The buyer of the puts paid $9.15 to make the bearish bet. Shares recently traded near ...
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Unusual Options Activity: WW International (WW)
Shares of weight management company
WW International (WW) have more than doubled since the start of the year. One trader sees a further rally ahead for the stock in the coming weeks. That’s based on the August $10 calls. With 37 days until expiration, 5,398 contracts traded compared a to a prior open interest of 249, for a 22-fold rise in volume on the trade. The buyer of the calls paid $0.65 to make the bullish bet. WW shares recently traded for about ...
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WW International (WW) have more than doubled since the start of the year. One trader sees a further rally ahead for the stock in the coming weeks. That’s based on the August $10 calls. With 37 days until expiration, 5,398 contracts traded compared a to a prior open interest of 249, for a 22-fold rise in volume on the trade. The buyer of the calls paid $0.65 to make the bullish bet. WW shares recently traded for about ...
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Unusual Options Activity: Shopify (SHOP)
Ecommerce platform
Shopify (SHOP) has rebounded strongly from last year’s selloff so far this year. One trader sees shares giving back some of their gains in the coming weeks. That’s based on the August 18 $45 puts. With 38 days until expiration, 9,502 contracts traded compared to a prior open interest of 282, for a 34-fold rise in volume on the trade. The buyer of the puts paid $0.34 to make the bearish bet. Shopify last went for about $62, so the ...
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Shopify (SHOP) has rebounded strongly from last year’s selloff so far this year. One trader sees shares giving back some of their gains in the coming weeks. That’s based on the August 18 $45 puts. With 38 days until expiration, 9,502 contracts traded compared to a prior open interest of 282, for a 34-fold rise in volume on the trade. The buyer of the puts paid $0.34 to make the bearish bet. Shopify last went for about $62, so the ...
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Unusual Options Activity: PacWest Bancorp (PACW)
Regional bank
PacWest Bancorp (PACW) has been trading in a range over the past few months. One trader sees shares trending to the higher end of that range in the weeks ahead. That’s based on the August $8 calls. With 41 days until expiration, 7,114 contracts traded compared to a prior open interest of 283, for a 25-fold rise in volume on the trade. The buyer of the calls paid $1.02 to make the bullish bet. Shares recently traded just under $8, making ...
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PacWest Bancorp (PACW) has been trading in a range over the past few months. One trader sees shares trending to the higher end of that range in the weeks ahead. That’s based on the August $8 calls. With 41 days until expiration, 7,114 contracts traded compared to a prior open interest of 283, for a 25-fold rise in volume on the trade. The buyer of the calls paid $1.02 to make the bullish bet. Shares recently traded just under $8, making ...
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Unusual Options Activity: Fidelity National Information Services (FIS)
Financial institution technology provider
Fidelity National Information Services (FIS) has been cut in half over the past year. One trader sees the potential for a big rally in the coming months. That’s based on the September $70 calls. With 70 days until expiration, 20,825 contracts traded compared to a prior open interest of 512, for a 41-fold rise in volume on the trade. The buyer of the calls paid $0.44 to make the bullish bet. Shares recently traded for about $60, so ...
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Fidelity National Information Services (FIS) has been cut in half over the past year. One trader sees the potential for a big rally in the coming months. That’s based on the September $70 calls. With 70 days until expiration, 20,825 contracts traded compared to a prior open interest of 512, for a 41-fold rise in volume on the trade. The buyer of the calls paid $0.44 to make the bullish bet. Shares recently traded for about $60, so ...
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