Unusual Options Activity: Boeing (BA)
Shares of airline manufacturer
Boeing (BA) have been gradually trending down over the past year. However, one trader sees the possibility for a strong rebound in shares in the next few weeks. That’s based on the March 4 $250 calls. With just under 40 days until expiration, 4,707 contracts traded compared to a prior interest of 138, for a 34-fold jump in volume. The buyer of the calls paid $1.26 to make the trade. Shares of the company last went for about $205, ...
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Boeing (BA) have been gradually trending down over the past year. However, one trader sees the possibility for a strong rebound in shares in the next few weeks. That’s based on the March 4 $250 calls. With just under 40 days until expiration, 4,707 contracts traded compared to a prior interest of 138, for a 34-fold jump in volume. The buyer of the calls paid $1.26 to make the trade. Shares of the company last went for about $205, ...
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Unusual Options Activity: Northern Oil & Gas (NOG)
Shares of energy producer
Northern Oil & Gas (NOG) have more than doubled in the past year. One trader sees that trend continuing as energy prices continue higher. That’s based on the June $30 calls. With 143 days until expiration, 2,577 contracts recently traded compared to an open interest of 108, for a 24-fold jump in volume. The buyer of the calls paid $1.45 to make the trade. With a current share price near $23, shares would need to rally a further ...
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Northern Oil & Gas (NOG) have more than doubled in the past year. One trader sees that trend continuing as energy prices continue higher. That’s based on the June $30 calls. With 143 days until expiration, 2,577 contracts recently traded compared to an open interest of 108, for a 24-fold jump in volume. The buyer of the calls paid $1.45 to make the trade. With a current share price near $23, shares would need to rally a further ...
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Unusual Options Activity: Cameco (CCJ)
Shares of uranium mining giant
Cameco (CCJ) have had a stellar year thanks to a strong commodity market and rising uranium prices. One trader sees that trend continuing in the first half of this year. That’s based on the June $32 calls. With 146 days until expiration, 6,041 contracts traded compared to a prior open interest of 179, for a 34-fold increase in volume. The buyer of the calls paid $0.85 to make the trade. With shares last going for about $22, the ...
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Cameco (CCJ) have had a stellar year thanks to a strong commodity market and rising uranium prices. One trader sees that trend continuing in the first half of this year. That’s based on the June $32 calls. With 146 days until expiration, 6,041 contracts traded compared to a prior open interest of 179, for a 34-fold increase in volume. The buyer of the calls paid $0.85 to make the trade. With shares last going for about $22, the ...
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Unusual Options Activity: AngloGold Ashanti (AU)
Shares of gold mining giant
AngloGold Ashanti (AU) have lost nearly half their value since July 2020. One trader sees that trend continuing this year. That’s based on the November $13 puts. With 302 days until expiration, 6,389 contracts traded compared to a prior interest of 156, for a 41-fold rise in volume. The buyer of the puts paid $0.68 to make the trade. With shares currently around $18.50, shares would need to drop another 30 percent between now and November for the ...
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AngloGold Ashanti (AU) have lost nearly half their value since July 2020. One trader sees that trend continuing this year. That’s based on the November $13 puts. With 302 days until expiration, 6,389 contracts traded compared to a prior interest of 156, for a 41-fold rise in volume. The buyer of the puts paid $0.68 to make the trade. With shares currently around $18.50, shares would need to drop another 30 percent between now and November for the ...
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Unusual Options Activity: Healthpeak Properties (PEAK)
Shares of healthcare REIT
Healthpeak Properties (PEAK) have been trending in a range for the past few months. One trader sees shares moving to the higher end of their range, and possibly breaking to new highs. That’s based on the April $37 calls. With 85 days until expiration, 9,500 contracts traded hands, a 91-fold jump in volume compared to the prior interest of 104. The buyer of the calls paid $1.05 to make the trade. With shares around $36, the option is just ...
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Healthpeak Properties (PEAK) have been trending in a range for the past few months. One trader sees shares moving to the higher end of their range, and possibly breaking to new highs. That’s based on the April $37 calls. With 85 days until expiration, 9,500 contracts traded hands, a 91-fold jump in volume compared to the prior interest of 104. The buyer of the calls paid $1.05 to make the trade. With shares around $36, the option is just ...
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Unusual Options Activity: Uber Technologies (UBER)
Shares of ridesharing firm
Uber Technologies (UBER) have been rangebound over the past few months. One trader sees the possibility for shares to keep trending upward toward the higher end of their range. That’s based on the May $45 calls. With 121 days until expiration, 9,653 options traded against a prior open interest of 209, for a 46-fold rise in volume. The buyer of the calls paid $3.60 to make the trade. With shares around $41.50, the stock would need to rise about ...
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Uber Technologies (UBER) have been rangebound over the past few months. One trader sees the possibility for shares to keep trending upward toward the higher end of their range. That’s based on the May $45 calls. With 121 days until expiration, 9,653 options traded against a prior open interest of 209, for a 46-fold rise in volume. The buyer of the calls paid $3.60 to make the trade. With shares around $41.50, the stock would need to rise about ...
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Unusual Options Activity: Expedia Group (EXPE)
Shares of online travel agency
Expedia Group (EXPE) have been trading in a range over the past year as the pandemic has continued. One trader sees the chance for a move higher in shares in the months ahead. That’s based on the June $190 calls. With 150 days until expiration, 5,293 contracts traded compared to a prior open interest of 146, for a 36-fold rise in volume. The buyer of the calls paid $19.17 to make the trade. Shares last traded around ...
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Expedia Group (EXPE) have been trading in a range over the past year as the pandemic has continued. One trader sees the chance for a move higher in shares in the months ahead. That’s based on the June $190 calls. With 150 days until expiration, 5,293 contracts traded compared to a prior open interest of 146, for a 36-fold rise in volume. The buyer of the calls paid $19.17 to make the trade. Shares last traded around ...
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Unusual Options Activity: Freeport-McMoRan (FCX)
Shares of commodity producer
Freeport-McMoRan (FCX) have been moving higher in recent sessions, and are nearly back to 52-week highs. One trader sees that trend continuing higher in the next month. That’s based on the February 18 $46 call. With 35 days until expiration, 81,983 contracts traded against a prior open interest of 235, for a 349-fold explosion in volume on the trade. The buyer of the calls paid $2.19 to get in. $46.10 is a 52-week high for shares, and less ...
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Freeport-McMoRan (FCX) have been moving higher in recent sessions, and are nearly back to 52-week highs. One trader sees that trend continuing higher in the next month. That’s based on the February 18 $46 call. With 35 days until expiration, 81,983 contracts traded against a prior open interest of 235, for a 349-fold explosion in volume on the trade. The buyer of the calls paid $2.19 to get in. $46.10 is a 52-week high for shares, and less ...
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