Unusual Options Activity

Optical retailer National Vision Holdings (EYE) is down 33% over the past year, but shares have started to rally higher in recent sessions. One trader sees that uptrend continuing over the coming weeks. That’s based on the December 20, 2024 $12.50 calls. With 43 days until expiration, 10,039 contracts traded compared to a prior open interest of 173, for a 58-fold rise in volume on the trade. The buyer of the calls paid $1.05 to make the bullish bet. National Vision Holdings ...
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Packaged foods producer The J.M. Smucker Company (SJM) has traded flat over the past year, even as the overall stock market has rallied by over 30%. One trader sees shares breaking higher into 2025. That’s based on the January 17, 2025, $120 calls. With 72 days until expiration, 6,052 contracts traded compared to a prior open interest of 293, for a 21-fold rise in volume on the trade. The buyer of the calls paid $2.80 to make the bullish bet. Smucker shares ...
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Pharmaceutical giant Bristol Myers Squibb Company (BMY) hit a 52-week high last week, and shares are up substantially over the past few months. One trader sees the rally continuing into the end of the year. That’s based on the December 20 $65.50 calls. With 45 days until expiration, 5,121 contracts traded compared to a prior open interest of 143, for a 36-fold rise in volume on the trade. The buyer of the calls paid $0.23 to make the bullish bet. Bristol Myers ...
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Fast food chain
The Wendy’s Company (WEN) is up 8% over the past year, far underperforming the S&P 500. One trader sees shares declining over the coming weeks. That’s based on the December 20 $18 puts. With 46 days until expiration, 27,484 contracts traded compared to a prior open interest of 724, for a 38-fold rise in volume on the trade. The buyer of the puts paid $0.35 to make the bearish bet. Wendy’s shares recently traded for just over $19, so shares ...
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Solar panel manufacturer
First Solar (FSLR) is up 40% over the past year, slightly edging out the overall market, although shares are well off their summer highs. One trader sees a rally in the weeks ahead. That’s based on the November 15 $245 calls. With 14 days until expiration, 12,344 contracts traded compared to a prior open interest of 190, for a 65-fold rise in volume on the trade. The buyer of the calls paid $4.35 to make the bullish bet. First Solar ...
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Gaming and media company Roblox (RBLX) is up 33% over the past year, just slightly underperforming the overall market. One trader sees shares trending higher over the coming weeks. That’s based on the November 29 $48 calls. With 29 days until expiration, 11,506 contracts traded compared to a prior open interest of 129, for an 89-fold rise in volume on the trade. The buyer of the calls paid $1.10 to make the bullish bet. Roblox shares recently traded for about $42.50. They’d ...
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Automotive replacement parts producer Genuine Parts Company (GPC) recently declined close to 52-week lows following a big earnings miss. One trader sees a further decline over the coming weeks. That’s based on the December 20 $115 puts. With 51 days until expiration, 22,618 contracts traded compared to a prior open interest of 160, for a massive 141-fold rise in volume on the trade. The buyer of the puts paid $3.20 to make the bearish bet. Genuine Parts Company shares recently traded for ...
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Car manufacturer General Motors (GM) has soared 94% over the past year, seeing more than twice the gains of the S&P 500. One trader sees a pullback in shares occurring over the next year. That’s based on the September 2025 $47 puts. With 325 days until expiration, 10,000 contracts traded compared to a prior open interest of 170, for a 59-fold rise in volume on the trade. The buyer of the puts paid $3.35 to make the bearish bet. General Motors shares ...
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