Unusual Options Activity: Uber (UBER)
Ride share company
Uber (UBER) is down about 5 percent over the past year. One trader sees a further move higher for shares in the coming months. That’s based on the August $42.50 calls. With 108 days until expiration, 3,540 contracts traded compared to a prior open interest of 108, for a 32-fold rise in volume on the trade. The buyer of the calls paid $0.28 to make the bullish bet. Shares recently went for about $30, so they’d need to rise about ...
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Uber (UBER) is down about 5 percent over the past year. One trader sees a further move higher for shares in the coming months. That’s based on the August $42.50 calls. With 108 days until expiration, 3,540 contracts traded compared to a prior open interest of 108, for a 32-fold rise in volume on the trade. The buyer of the calls paid $0.28 to make the bullish bet. Shares recently went for about $30, so they’d need to rise about ...
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Unusual Options Activity: The Charles Schwab Corporation (SCHW)
Investment brokerage firm
The Charles Schwab Corporation (SCHW) has lost about a quarter of its value in the past year, as slowing trading has reduced revenues. One trader sees the potential for a further decline in shares in the weeks ahead. That’s based on the June 2 $40 puts. With 35 days until expiration, 12,066 contracts traded compared to a prior open interest of 216, for a 56-fold rise in volume on the trade. The buyer of the puts paid $0.32. Shares recently ...
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The Charles Schwab Corporation (SCHW) has lost about a quarter of its value in the past year, as slowing trading has reduced revenues. One trader sees the potential for a further decline in shares in the weeks ahead. That’s based on the June 2 $40 puts. With 35 days until expiration, 12,066 contracts traded compared to a prior open interest of 216, for a 56-fold rise in volume on the trade. The buyer of the puts paid $0.32. Shares recently ...
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Unusual Options Activity: Carnival Cruise Lines (CCL)
Cruise line operator
Carnival Cruise Lines (CCL) has been rangebound for several months after a big drop nearly a year ago. One trader sees shares trending lower in the coming weeks. That’s based on the May $8.50 puts. With 22 days until expiration, 5,310 contracts traded compared to a prior open interest of 100, for a 53-fold rise in volume on the trade. The buyer of the puts paid $0.31 to make the bearish bet. Shares recently traded for about $9, so they ...
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Carnival Cruise Lines (CCL) has been rangebound for several months after a big drop nearly a year ago. One trader sees shares trending lower in the coming weeks. That’s based on the May $8.50 puts. With 22 days until expiration, 5,310 contracts traded compared to a prior open interest of 100, for a 53-fold rise in volume on the trade. The buyer of the puts paid $0.31 to make the bearish bet. Shares recently traded for about $9, so they ...
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Unusual Options Activity: Vale (VALE)
Brazilian iron ore producer
Vale (VALE) is down 12 percent over the past year and 25 percent off its peak. One trader is betting that prices will fall further in the months ahead. That’s based on the July $14 puts. With 86 days until expiration, 6,721 contracts traded compared to a prior open interest of 211, for a 32-fold rise in volume on the trade. The buyer of the puts paid $0.88 to make the bearish bet. Shares recently traded for about $14.20, ...
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Vale (VALE) is down 12 percent over the past year and 25 percent off its peak. One trader is betting that prices will fall further in the months ahead. That’s based on the July $14 puts. With 86 days until expiration, 6,721 contracts traded compared to a prior open interest of 211, for a 32-fold rise in volume on the trade. The buyer of the puts paid $0.88 to make the bearish bet. Shares recently traded for about $14.20, ...
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Unusual Options Activity: Hercules Technology Growth Capital (HTGC)
Business development company
Hercules Technology Growth Capital (HTGC) has slid nearly 30 percent over the past year. One trader sees a similar drop occurring over the next few months. That’s based on the October $10 puts. With 178 days until expiration, 7,622 contracts traded compared to a prior open interest of 170, for a 45-fold rise in volume on the trade. The buyer of the puts paid $0.60 to make the bearish bet. Shares last went for about $13, so the stock would ...
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Hercules Technology Growth Capital (HTGC) has slid nearly 30 percent over the past year. One trader sees a similar drop occurring over the next few months. That’s based on the October $10 puts. With 178 days until expiration, 7,622 contracts traded compared to a prior open interest of 170, for a 45-fold rise in volume on the trade. The buyer of the puts paid $0.60 to make the bearish bet. Shares last went for about $13, so the stock would ...
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Unusual Options Activity: Pfizer (PFE)
Drug manufacturer
Pfizer (PFE) has seen shares slide nearly 20 percent to 52-week lows in the past few months. One trader sees a longer-term rebound for shares ahead. That’s based on the December 2025 $40 calls. With 970 days until expiration, 2,009 contracts traded compared to a prior open interest of 116, for a 17-fold rise in volume on the trade. The buyer of the calls paid $5.58 to make the bullish bet. Shares traded just under $40, making this an at-the-money trade ...
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Pfizer (PFE) has seen shares slide nearly 20 percent to 52-week lows in the past few months. One trader sees a longer-term rebound for shares ahead. That’s based on the December 2025 $40 calls. With 970 days until expiration, 2,009 contracts traded compared to a prior open interest of 116, for a 17-fold rise in volume on the trade. The buyer of the calls paid $5.58 to make the bullish bet. Shares traded just under $40, making this an at-the-money trade ...
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Unusual Options Activity: Xerox Holdings Corporation (XRX)
Document management company
Xerox Holdings Corporation (XRX) have been trading in a range for most of the past year. One trader sees shares continuing to trend toward the lower end of that range in the weeks ahead. That’s based on the May $14 puts. With 28 days until expiration, 4,247 contracts traded compared to a prior open interest of 119, for a 36-fold rise in volume on the trade. The buyer of the puts paid $0.60 to make the bearish bet. Shares recently ...
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Xerox Holdings Corporation (XRX) have been trading in a range for most of the past year. One trader sees shares continuing to trend toward the lower end of that range in the weeks ahead. That’s based on the May $14 puts. With 28 days until expiration, 4,247 contracts traded compared to a prior open interest of 119, for a 36-fold rise in volume on the trade. The buyer of the puts paid $0.60 to make the bearish bet. Shares recently ...
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Unusual Options Activity: JPMorgan Chase & Co (JPM)
Megabank
JPMorgan Chase & Co (JPM) has been moving higher since the recent fears in the banking sector. One trader is betting that trend will continue. That’s based on the November $175 calls. With 211 days until expiration, 4,870 contracts traded compared to a prior open interest of 109, for a 45-fold rise in volume on the trade. The buyer of the calls paid $1.06 to make the bullish bet. Shares last traded just over $140, so they would need to rise about ...
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JPMorgan Chase & Co (JPM) has been moving higher since the recent fears in the banking sector. One trader is betting that trend will continue. That’s based on the November $175 calls. With 211 days until expiration, 4,870 contracts traded compared to a prior open interest of 109, for a 45-fold rise in volume on the trade. The buyer of the calls paid $1.06 to make the bullish bet. Shares last traded just over $140, so they would need to rise about ...
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