12409

Unusual Options Activity: Kinder Morgan Inc (KMI)

Shares of pipeline company
Kinder Morgan Inc (KMI) are up about 11 percent in the past year, about in-line with the S&P 500. One trader sees a further rally in shares from here. That’s based on the April 1 $18 calls. With 30 days until expiration, 6,102 contracts traded against a prior open interest of 145, for a 62-fold increase in trading volume. The buyer of the calls paid $0.18 to make the trade. Shares recently traded for just over $17, so they ...
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12404

Unusual Options Activity: Kohl’s Corporation (KSS)

Shares of discount clothing retailer
Kohl’s Corporation (KSS) jumped higher earlier this year on a report that the company had received a buyout offer. While the company has downplayed any buyout offer, one trader is betting that one could occur in the first half of the year. That’s based on the July $60 calls. With 136 days until expiration, 6,124 contracts traded compared to a prior open interest of 202, for a 30-fold jump in volume. The buyer of the calls paid $4.90 ...
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12398

Unusual Options Activity: Bank of America (BAC)

Shares of
Bank of America (BAC) have been dropping along with the rest of the market over the past few weeks. One trader sees the possibility of a rebound by the summer. That’s based on the August $44 calls. With 174 days until expiration, 2,260 contracts traded compared to an open interest of 120, for a 19-fold rise in volume. The buyer of the calls paid $4.28 to make the trade. Shares of the bank last traded around $45, making this option ...
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12393

Unusual Options Activity: Plug Power (PLUG)

Shares of electric mobility company
Plug Power (PLUG) have generally been in a decline over the past year. However, one trader sees the possibility for a major move higher ahead. That’s based on the March 11 $28 calls. Expiring in 15 days, 5,844 contracts traded compared to an open interest of 148, for a 39-fold rise in volume. The buyer of the calls paid $0.22 to make the trade. Shares of the stock recently traded close to $21, so shares would need to ...
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12385

Unusual Options Activity: Qualcomm (QCOM)

Shares of wireless communication giant
Qualcomm (QCOM) have been on a long-term surge over the past few years, although shares have been dropping with the overall market more recently. However, one trader sees the potential for a rebound in the coming weeks. That’s based on the March $175 calls. With 29 days until expiration, 2,828 contracts traded compared to an open interest of 171, for a 17-fold jump in volume. The buyer of the calls paid $5.30 to make the trade. Shares last ...
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12379

Unusual Options Activity: Lockheed Martin (LMT)

Shares of defense contractor
Lockheed Martin (LMT) moved higher on news of a potential war between Russia and the Ukraine. One trader is betting that shares will decline in the next few weeks as those fears decline. That’s based on the March $390 puts. With 23 days until expiration, 7,787 contracts traded against a prior open interest of 155, for a 50-fold jump in volume. The buyer of the puts paid $13.05 to make the trade. Shares last traded for about $387, ...
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12372

Unusual Options Activity: Coinbase (COIN)

Shares of cryptocurrency brokerage
Coinbase (COIN) have been trading much like the overall crypto space ever since shares started trading last year. One trader sees the potential for a jump higher in the coming weeks. That’s based on the March 4 $205 calls. With 11 days until expiration, 2,514 contracts traded against a prior open interest of 109, for a 23-fold rise in volume. The buyer of the calls paid $9.20 to make the trade. Shares are in the low $190 range, ...
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12366

Unusual Options Activity: Barrick Gold Corporation (GOLD)

Shares of gold mining giant
Barrick Gold Corporation (GOLD) have traded flat over the past year following a recent surge in shares in recent days. One trader sees the chance for a further move higher in the coming weeks. That’s based on the March 4th $22.50 calls. With 14 days until expiration, 8,223 contracts traded compared to an open interest of 226, for a 36-fold jump in volume. The buyer of the calls paid $0.53 to make the trade. Shares of the stock ...
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