Unusual Options Activity: Flex (FLEX)
Shares of supply chain service company
Flex (FLEX) have been trading in a range over the past year. The stock has recently bounced to the top end of its range, and one trader is betting on a new breakthrough in the coming weeks. That’s based on the May $20 calls. With 46 days until expiration, 10,639 contracts traded compared to an open interest of 202, for a 53-fold surge in volume. The buyer of the calls paid $0.60 to make the trade. Shares ...
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Flex (FLEX) have been trading in a range over the past year. The stock has recently bounced to the top end of its range, and one trader is betting on a new breakthrough in the coming weeks. That’s based on the May $20 calls. With 46 days until expiration, 10,639 contracts traded compared to an open interest of 202, for a 53-fold surge in volume. The buyer of the calls paid $0.60 to make the trade. Shares ...
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Unusual Options Activity: Knight-Swift Transportation Holdings (KNX)
Shares of trucking company
Knight-Swift Transportation Holdings (KNX) have been in an uptrend for the past few months. One trader sees the rally losing steam in the coming weeks. That’s based on the May $45 puts. With 49 days until expiration, 7,549 contracts traded compared to a prior interest of 202, for a 37-fold rise in volume. The buyer of the puts paid $0.45 to make the trade. Shares of the trucking company are up 12 percent over the past year, just slightly ...
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Knight-Swift Transportation Holdings (KNX) have been in an uptrend for the past few months. One trader sees the rally losing steam in the coming weeks. That’s based on the May $45 puts. With 49 days until expiration, 7,549 contracts traded compared to a prior interest of 202, for a 37-fold rise in volume. The buyer of the puts paid $0.45 to make the trade. Shares of the trucking company are up 12 percent over the past year, just slightly ...
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Unusual Options Activity: Fidelity National Information Services (FIS)
Shares of banking technology company
Fidelity National Information Services (FIS) have been in a steady downtrend over the past year, shedding more than a third of their value. Shares have started to trend up in recent weeks, and now one trader sees further upside ahead. That’s based on the July $140 calls. With 106 days until expiration, 39,195 contracts traded against a prior open interest of 248, for a staggering 158-fold surge in volume. The buyer of the calls paid $0.43 to ...
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Fidelity National Information Services (FIS) have been in a steady downtrend over the past year, shedding more than a third of their value. Shares have started to trend up in recent weeks, and now one trader sees further upside ahead. That’s based on the July $140 calls. With 106 days until expiration, 39,195 contracts traded against a prior open interest of 248, for a staggering 158-fold surge in volume. The buyer of the calls paid $0.43 to ...
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Unusual Options Activity: Snap Inc (SNAP)
Shares of social media company
Snap Inc (SNAP) have been trying to break out of a downtrend in recent weeks. One trader sees a moderate move higher in the next few days. That’s based on the April 8th $40 calls. With 9 days until expiration, 8,050 contracts traded compared to a prior open interest of 148, for a 54-fold surge in volume on the trade. The buyer of the calls paid $0.44 to make the buy. Shares lased traded just over $36, so ...
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Snap Inc (SNAP) have been trying to break out of a downtrend in recent weeks. One trader sees a moderate move higher in the next few days. That’s based on the April 8th $40 calls. With 9 days until expiration, 8,050 contracts traded compared to a prior open interest of 148, for a 54-fold surge in volume on the trade. The buyer of the calls paid $0.44 to make the buy. Shares lased traded just over $36, so ...
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Unusual Options Activity: Range Resources Corporation (RRC)
Shares of oil and gas exploration company
Range Resources Corporation (RRC) have been steadily rising over the past year. One trader sees that trend continuing through the rest of the year. That’s based on the January 2023 $40 calls. With 297 days until expiration, 6,378 contracts traded compared to an open interest of 224, for a 28-fold jump in volume. The buyer of the calls paid $4.90 to get into the trade. Shares of the company recently went for about $31.50, so they ...
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Range Resources Corporation (RRC) have been steadily rising over the past year. One trader sees that trend continuing through the rest of the year. That’s based on the January 2023 $40 calls. With 297 days until expiration, 6,378 contracts traded compared to an open interest of 224, for a 28-fold jump in volume. The buyer of the calls paid $4.90 to get into the trade. Shares of the company recently went for about $31.50, so they ...
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Unusual Options Activity: Intel (INTC)
Shares of chipmaker
Intel (INTC) have been trading in a range over the past year, with the stock price currently on the uptrend. One trader sees that move continuing in the next few weeks. That’s based on the April 22 $55 calls. With 25 days until expiration, 29,053 contracts traded compared to a prior open interest of 174, for a staggering 177-fold jump in volume on the trade. The buyer of the calls paid $0.66 to enter. The stock recently pushed to the ...
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Intel (INTC) have been trading in a range over the past year, with the stock price currently on the uptrend. One trader sees that move continuing in the next few weeks. That’s based on the April 22 $55 calls. With 25 days until expiration, 29,053 contracts traded compared to a prior open interest of 174, for a staggering 177-fold jump in volume on the trade. The buyer of the calls paid $0.66 to enter. The stock recently pushed to the ...
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Unusual Options Activity: Xerox Holdings Corporation (XRX)
Shares of information technology company
Xerox Holdings Corporation (XRX) have been trending slightly down over the past year, with some periodic spikes higher in price. One trader is betting on a rally in shares in the next few months. That’s based on the May $23 calls. With 56 days until expiration, 4,800 contracts traded compared to a prior open interest of 105, for a 46-fold jump in volume. The buyer of the calls paid $0.22 to make the trade. Shares of the company ...
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Xerox Holdings Corporation (XRX) have been trending slightly down over the past year, with some periodic spikes higher in price. One trader is betting on a rally in shares in the next few months. That’s based on the May $23 calls. With 56 days until expiration, 4,800 contracts traded compared to a prior open interest of 105, for a 46-fold jump in volume. The buyer of the calls paid $0.22 to make the trade. Shares of the company ...
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Unusual Options Activity: Barclays PLC (BCS)
Shares of UK-based bank
Barclays PLC (BCS) had a sharp selloff over the past few months that has recently started to reverse. One trader sees a continued move higher. That’s based on the May $10 calls. With 57 days until expiration, 13,154 contracts traded compared to a prior open interest of 296, for a 44-fold jump in volume on the option. The buyer of the calls paid $0.43 to make the trade. Shares of the bank were recently going for just over $9 ...
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Barclays PLC (BCS) had a sharp selloff over the past few months that has recently started to reverse. One trader sees a continued move higher. That’s based on the May $10 calls. With 57 days until expiration, 13,154 contracts traded compared to a prior open interest of 296, for a 44-fold jump in volume on the option. The buyer of the calls paid $0.43 to make the trade. Shares of the bank were recently going for just over $9 ...
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