12461

Unusual Options Activity: Bausch Health Companies (BHC)

Shares of pharmaceutical and medical device company
Bausch Health Companies (BHC) have been in a steady decline over the past year. One trader sees the potential for a rebound in shares in the coming months. That’s based on the July $32 calls. With 125 days until expiration, 6,395 contracts traded compared to a prior open interest of 182, for a 35-fold rise in volume. The buyer of the calls paid $0.38 to make the trade. Shares last traded for about $23, so they ...
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12450

Unusual Options Activity: Corning Incorporated (GLW)

Shares of display technology
Corning International (GLW) are down slightly over the past year. One trader sees a rebound ahead in the coming months. That’s based on the May $42 calls. With 70 days until expiration, 18,242 contracts traded compared to a prior open interest of 585, for a 31-fold jump in volume. The buyer of the calls paid $0.87 to make the trade. Shares last traded around $37, so they would need to rise $5, or about 13.5 percent, for the option ...
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12445

Unusual Options Activity: Peabody Energy Corporation (BTU)

Shares of coal company
Peabody Energy Corporation (BTU) have been volatile in recent sessions. One trader sees the possibility for a continued move higher this year. That’s based on the December $30 calls. With 282 days until expiration, 8,693 contracts traded compared to a prior open interest of 323, for a 27-fold jump in trading volume. The buyer of the call options paid $5.25 to make the trade. Shares were recently going for around $22, so they would need to rise $8, or ...
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12439

Unusual Options Activity: NCR Corporation (NCR)

Shares of information technology firm
NCR Corporation (NCR) have been trading in a range over the past year. One trader sees shares rallying from this lower part of its range to the higher part. That’s based on the July $40 calls. With 128 days until expiration, 3,411 contracts traded compared to a prior open interest of 142, for a 24-fold jump in volume. The buyer of the calls paid $3.15 to get into the trade. With shares currently around $36.50, the option would ...
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12433

Unusual Options Activity: Vale (VALE)

Shares of iron ore producer
Vale (VALE) have been rising in recent weeks as commodity prices have been soaring higher. One trader sees the possibility for a further move from here. That’s based on the September $25 calls. With 192 days until expiration, 7,504 contracts traded hands compared to a prior open interest of 128, for a 59-fold jump in volume on the trade. The buyer of the calls paid $0.69 to make the trade. Shares last traded around $20, so they would ...
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12425

Unusual Options Activity: Advanced Micro Devices (AMD)

Shares of chipmaker
Advanced Micro Devices (AMD) have been more volatile than the overall market in recent months. One trader sees shares moving higher in the next upswing in the market. That’s based on the March 11 $127 calls. With 7 days until expiration, 7,830 contracts traded compared to a prior open interest of 599, for a 13-fold jump in volume. The buyer of the calls paid $0.46 to make the trade. Shares recently traded around $114, so they would need to rally ...
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12419

Unusual Options Activity: Kinross Gold Corp (KGC)

Shares of gold mining operator
Kinross Gold Corp (KGC) are near a 52-week low even as gold prices have started to heat up. One trader sees the potential for a big move higher in the coming months. That’s based on the July $6 calls. With 133 days until expiration, 5,825 contracts traded compared to a prior open interest of 146, for a 40-fold jump in volume on the trade. The buyer of the calls paid $0.34 to make the trade. Shares of the ...
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12414

Unusual Options Activity: Bed Bath & Beyond (BBBY)

Shares of retailer
Bed Bath & Beyond (BBBY) have traded down over the past year, after shares surged higher following a near-miss with bankruptcy. One trader sees a further rally in shares possible in the coming months. That’s based on the January 2023 $60 call. With 324 days until expiration, 4,519 contracts traded compared to an open interest of 266, for a 17-fold jump in volume. The buyer of the calls paid $1.18 for the option. Shares trade for about $17. For a ...
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