Unusual Options Activity: Uber Technologies (UBER)
Ride share service
Uber Technologies (UBER) has had a strong rally, with shares up 68 percent over the past year. One trader is betting that the rally has stalled out. That’s based on the December 15 $40 puts. With 205 days until expiration, 3,004 contracts traded compared to a prior open interest of 107, for a 28-fold rise in volume on the trade. The buyer of the puts paid $4.80 to make the bearish bet. Shares recently traded just over $39, so this ...
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Uber Technologies (UBER) has had a strong rally, with shares up 68 percent over the past year. One trader is betting that the rally has stalled out. That’s based on the December 15 $40 puts. With 205 days until expiration, 3,004 contracts traded compared to a prior open interest of 107, for a 28-fold rise in volume on the trade. The buyer of the puts paid $4.80 to make the bearish bet. Shares recently traded just over $39, so this ...
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Unusual Options Activity: Microsoft (MSFT)
Tech conglomerate
Microsoft (MSFT) has been trending higher in recent sessions, and just broke through to a new 52-week high. One trader is betting that the uptrend will continue in the short term. That’s based on the June 30 $330 calls. With 38 days until expiration, 7,806 contracts traded compared to a prior open interest of 175, for a 45-fold rise in volume on the trade. The buyer of the calls paid $4.10 to make the bullish bet. Microsoft recently traded just ...
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Microsoft (MSFT) has been trending higher in recent sessions, and just broke through to a new 52-week high. One trader is betting that the uptrend will continue in the short term. That’s based on the June 30 $330 calls. With 38 days until expiration, 7,806 contracts traded compared to a prior open interest of 175, for a 45-fold rise in volume on the trade. The buyer of the calls paid $4.10 to make the bullish bet. Microsoft recently traded just ...
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Unusual Options Activity: Bausch Health Companies (BHC)
Pharmaceutical company
Bausch Health Companies (BHC) has dropped nearly 40 percent over the past year. One trader sees a further decline in the coming months. That’s based on the July $8 puts. With 63 days until expiration, 10,001 contracts traded compared to a prior open interest of 121, for an 83-fold jump in volume on the trade. The buyer of the puts paid $1.08 to make the bearish bet. Shares recently went for about $7.50, so the options are already about $0.50 ...
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Bausch Health Companies (BHC) has dropped nearly 40 percent over the past year. One trader sees a further decline in the coming months. That’s based on the July $8 puts. With 63 days until expiration, 10,001 contracts traded compared to a prior open interest of 121, for an 83-fold jump in volume on the trade. The buyer of the puts paid $1.08 to make the bearish bet. Shares recently went for about $7.50, so the options are already about $0.50 ...
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Unusual Options Activity: Ford Motor Company (F)
Automaker
Ford Motor Company (F) has seen shares decline about 15 percent over the past year. One trader sees a further decline ahead. That’s based on the June 9 $11 puts. With 21 days until expiration, 14,140 contracts traded compared to a prior open interest of 495, for a 29-fold rise in volume on the trade. The buyer of the puts paid $0.28 to make the bearish bet. Shares recently went for just over $11, making this an at-the-money trade. Shares are Read More About This
Ford Motor Company (F) has seen shares decline about 15 percent over the past year. One trader sees a further decline ahead. That’s based on the June 9 $11 puts. With 21 days until expiration, 14,140 contracts traded compared to a prior open interest of 495, for a 29-fold rise in volume on the trade. The buyer of the puts paid $0.28 to make the bearish bet. Shares recently went for just over $11, making this an at-the-money trade. Shares are Read More About This
Unusual Options Activity: Hasbro (HAS)
Toymaker
Hasbro (HAS) has seen its shares drop nearly one-third over the past year. While the stock has rallied in recent weeks, one trader sees a further decline ahead. That’s based on the August $55 puts. With 93 days until expiration, 4,008 contracts traded compared to a prior open interest of 108, for a 37-fold rise in volume on the trade. The buyer of the puts paid $1.73 to make the bearish bet. Shares recently traded for about $62.50, so the stock ...
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Hasbro (HAS) has seen its shares drop nearly one-third over the past year. While the stock has rallied in recent weeks, one trader sees a further decline ahead. That’s based on the August $55 puts. With 93 days until expiration, 4,008 contracts traded compared to a prior open interest of 108, for a 37-fold rise in volume on the trade. The buyer of the puts paid $1.73 to make the bearish bet. Shares recently traded for about $62.50, so the stock ...
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Unusual Options Activity: Mercer International (MERC)
Paper materials company
Mercer International (MERC) is down nearly 40 percent over the past year. One trader is betting on a sharp rebound in the coming months. That’s based on the August $12.50 calls. With 94 days until expiration, 22,725 contracts traded compared to a prior open interest of 146, for a 156-fold rise in volume on the trade. The buyer of the calls paid $0.15 to make the bullish bet. Shares recently traded for about $9, so they would need to rise ...
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Mercer International (MERC) is down nearly 40 percent over the past year. One trader is betting on a sharp rebound in the coming months. That’s based on the August $12.50 calls. With 94 days until expiration, 22,725 contracts traded compared to a prior open interest of 146, for a 156-fold rise in volume on the trade. The buyer of the calls paid $0.15 to make the bullish bet. Shares recently traded for about $9, so they would need to rise ...
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Unusual Options Activity: Google (GOOGL)
Search engine giant
Google (GOOGL) popped higher last week following an announcement on the company’s investments in artificial intelligence. One trader is betting that shares will come down following the news. That’s based on the July $120 puts. With 67 days until expiration, 16,784 contracts traded compared to a prior open interest of 187, for a 90-fold jump in volume on the trade. The buyer of the puts paid $6.75 to make the bearish bet. Shares recently traded for about $117, so the ...
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Google (GOOGL) popped higher last week following an announcement on the company’s investments in artificial intelligence. One trader is betting that shares will come down following the news. That’s based on the July $120 puts. With 67 days until expiration, 16,784 contracts traded compared to a prior open interest of 187, for a 90-fold jump in volume on the trade. The buyer of the puts paid $6.75 to make the bearish bet. Shares recently traded for about $117, so the ...
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Unusual Options Activity: PayPal (PYPL)
Digital payment platform
PayPal (PYPL) is down about 12 percent over the past year, although shares have been trending higher in the past few months. One trader sees that trend continuing in the coming weeks. That’s based on the June 23 $75 calls. With 42 days until expiration, 4,065 contracts traded compared to a prior open interest of 116, for a 35-fold rise in volume on the trade. The buyer of the calls paid $0.36 to make the bullish bet. Shares recently ...
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PayPal (PYPL) is down about 12 percent over the past year, although shares have been trending higher in the past few months. One trader sees that trend continuing in the coming weeks. That’s based on the June 23 $75 calls. With 42 days until expiration, 4,065 contracts traded compared to a prior open interest of 116, for a 35-fold rise in volume on the trade. The buyer of the calls paid $0.36 to make the bullish bet. Shares recently ...
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