Unusual Options Activity

Cryptocurrency brokerage Coinbase (COIN) has soared in recent sessions, rallying 11% on Monday alone. One trader sees further upside through the end of the year. That’s based on the December 20 $190 calls. With 65 days until expiration, 39,471 contracts traded compared to a prior open interest of 721, for a 55-fold rise in volume on the trade. The buyer of the calls paid $30.99 to make the bullish bet. Coinbase recently traded for about $200, making these options about $10 in-the-money ...
Read More About This

Clothing manufacturer
V.F. Corporation (VFC) is up 30% over the past year, with most of that gain occurring over the past few months. One trader sees shares trending higher over the coming weeks. That’s based on the November 1 $21 calls. With 17 days until expiration, 21,147 contracts traded compared to a prior open interest of 172, for a hefty 123-fold rise in volume on the trade. The buyer of the calls paid $1.05 to make the bullish bet. V.F. Corporation shares recently ...
Read More About This

Motorcycle manufacturer
Harley-Davidson (HOG) is up 13% over the past year, largely in range-bound trading. One trader sees the shares drifting a bit lower over the coming weeks. That’s based on the November 15 $32 puts. With 34 days until expiration, 7,166 contracts traded compared to a prior open interest of 235, for a 30-fold rise in volume on the trade. The buyer of the puts paid $1.25 to make the bearish bet. Harley shares recently traded for about $34, meaning shares would ...
Read More About This

Eleven company directors at Simon Property Group (SPG) have acquired shares recently, with buys ranging from $3,346 to as much as $61,901. The company directors appear to be quarterly buyers, as similar purchases were made at the end of June. Going further back, the company directors have been steady buyers over the past two years, and the company CFO was also a buyer of $39,199 of shares back in late 2023.There have been no insider sales over the past two years. Overall, ...
Read More About This

Self-driving vehicle company
Aurora Innovation (AUR) is up 167% over the past year, but have been pulling back from their 52-week high of $6.79 in recent weeks.. One trader sees the pullback continuing in the weeks ahead. That’s based on the November 15 $4.50 puts. With 35 days until expiration, 10,019 contracts traded compared to a prior open interest of 145, for a 69-fold rise in volume on the trade. The buyer of the puts paid $0.40 to make the bearish bet. Aurora ...
Read More About This

Healthcare facility firm
Acadia Healthcare Company (ACHC) is down 24% over the past year, amid slow health spending. One trader sees shares soaring higher into early next year. That’s based on the January 2025 $75 calls. With 99 days until expiration, 10,004 contracts traded compared to a prior open interest of 121, for an 83-fold rise in volume on the trade. The buyer of the calls paid $0.75 to make the bullish bet. Acadia shares recently traded for about $55, so they would ...
Read More About This

China-based electric vehicle manufacturer Xpeng (XPEV), is down 22% over the past year, but shares have been trending higher in recent weeks. One trader expects the current rally to continue in the weeks ahead. That’s based on the November 8 $13.50 calls. With 30 days until expiration, 10,965 contracts traded compared to a prior open interest of 128, for an 86-fold rise in volume on the trade. The buyer of the calls paid $1.70 to make the bullish bet. Xpeng shares recently ...
Read More About This

Financial service provider Discover Financial Services (DFS) is up 61% over the past year. One trader sees shares pulling back over the coming weeks. That’s based on the December 20 $120 puts. With 72 days until expiration, 4,349 contracts traded compared to a prior open interest of 119, for a 37-fold rise in volume on the trade. The buyer of the puts paid $2.85 to make the bearish bet. Discover Financial Services last traded for about $145, so shares would need to ...
Read More About This