Options
Options Alert: Traders Hedge Bets in Volatile Sports Wagering Stock

Options Alert: Traders Hedge Bets in Volatile Sports Wagering Stock

Someone could be hedging their bets in sport-betting stock DraftKings (DKNG). Check out this options activity yesterday morning: A trader purchased 27,000 October 10 puts for $0.94.At the same time, he or she sold 27,000 October 15 calls for $1.59. There was no open...

Call Volume Spikes in Nikola Before Shareholder Vote

Call Volume Spikes in Nikola Before Shareholder Vote

After a big slide, one big options trader is looking for a rebound in Nikola. Large blocks of calls changed hands yesterday in the electric-truck developer. A block of 40,000 July 5.50 calls were bought for $0.22. The investor sold a matching number of July 6.50 calls...

Options Alert: Is this Airline Headed to a New 52-Week Low?

Options Alert: Is this Airline Headed to a New 52-Week Low?

American Airlines has been losing altitude for the last two months, and now an options trader is looking for new 52-week lows. Check out this transaction in the carrier yesterday afternoon: A block of 9,947 July 13.50 puts was purchased for $0.64.An equal number of...

Options Alert: Giant Trade Thinks Automaker Is Stuck In Neutral

Options Alert: Giant Trade Thinks Automaker Is Stuck In Neutral

Traders usually buy options to position for a stock moving, but just the opposite happened in the No. 2 U.S. automaker yesterday. Check out this activity in Ford Motor (F): An investor sold 83,000 29-July 12 puts for $1.06.At the same time, he or she sold an equal...

Options Traders Are Hedging After FedEx’s Historic Move

Options Traders Are Hedging After FedEx’s Historic Move

Big things are happening at FedEx, and one options trader is hedging against a small pullback. A block of 1,280 June 235 puts were purchased yesterday in the delivery company for $3.99. A matching number of June 225 puts were sold at the same time for $1.25, resulting...

Bulls in the China Shop? Call Buyers Just Piled Into Alibaba

Bulls in the China Shop? Call Buyers Just Piled Into Alibaba

Most stocks have been under pressure lately, but there could be bulls in the China shop. E-commerce giant Alibaba (BABA) surged 15 percent to $119.62 despite the S&P 500 sinking more than 1 percent. The rally landed BABA at its highest closing price since February...

Can Marathon Oil Keep Running? At Least One Options Trader Thinks It Can

Can Marathon Oil Keep Running? At Least One Options Trader Thinks It Can

Marathon Oil is one of the top-performing stocks this year, and one big options trader is looking for the run to continue. Check out this large transaction yesterday in the Houston-based exploration and production company: Some 13,874 July 26 calls were sold for...

Options Alert: Bears Are Targeting a 30-Year Low in the Top Cruise Operator

Options Alert: Bears Are Targeting a 30-Year Low in the Top Cruise Operator

Travel stocks like cruise ships have accelerated lower in the past month, and yesterday the options flow turned bearish in the biggest operator. Carnival (CCL) was especially active, with more than 126,000 puts changing hands. That was triple the average in the last...