On Friday some institution/fund purchased 3,561 contracts of Jul 2022 $47.5 strike calls (or the right to buy 356,100 shares of Intel Corporation (INTC) at $47.5). The open interest was just 786 prior to this purchase.
Continue reading “Unusual Option Activity – Intel Corporation (INTC)”
Data Source: Barchart
On Tuesday some institution/fund purchased 12,002 contracts of Jan 2023 $110 strike calls (or the right to buy 1,200,200 shares of General Electric Company (GE) at $35). The open interest was just 1768 prior to this purchase.
Continue reading “Unusual Option Activity – General Electric Company (GE)”
Data Source: Barchart
On Tuesday some institution/fund purchased 2012 contracts of Jan 2024 $35 strike calls (or the right to buy 201,200 shares of The Kraft Heinz Company (KHC) at $35). The open interest was just 286 prior to this purchase.
Continue reading “Unusual Option Activity – The Kraft Heinz Company (KHC)”
On Tuesday some institution/fund purchased 10,380 contracts of Jun 2022 $50 strike calls (or the right to buy 1,038,000 shares of Delta Air Lines, Inc. (DAL) at $50). The open interest was just 3,167 prior to this purchase. Continue reading “Unusual Options Activity – Delta Air Lines, Inc. (DAL)”
On Friday some institution/fund purchased 114,928 contracts of Jan 2023 $5 strike calls (or the right to buy 11,492,800 shares of Energy Transfer LP (ET) at $5). The open interest was 16,831 prior to this purchase. Continue reading “Unusual Options Activity – Energy Transfer LP (ET)”
Data Source: barchart
Today some institution/fund purchased 20,434 contracts of Dec $255 strike calls (or the right to buy 2,043,400 shares of The Boeing Company (BA) at $255). The open interest was just 1,914 prior to this purchase.
Monitoring unusual options activity can be a useful tool. Large amounts of options being traded on a particular stock may provide some valuable insight into what the “smart money” is doing.
Checking unusual options activity on a regular basis can draw attention to stocks that would have otherwise been missed and can prompt traders to analyze why options volume has spiked for a certain equity. For example, a large option order could be done for a number of different reasons, sometimes they can even look deceptive. For the most part, options can be used to hedge an existing position or for speculation. Our job is to look at the underlying security and figure out why – before taking any action.
Data Source: barchart
Today some institution/fund purchased 2,756 contracts of Mar $45 strike calls (or the right to buy 275,600 shares of Intel Corporation (INTC) at $45). The open interest was just 367 prior to this purchase. Continue reading “Unusual Options Activity – Intel Corporation (INTC)”
Data Source: barchart
Today some institution/fund purchased 15,100 contracts of Dec. $220 strike calls (or the right to buy 1,510,000 shares of The Boeing Company (BA) at $220). The open interest was 7,181 prior to this purchase. Continue reading “Unusual Options Activity – The Boeing Company (BA)”
Data Source: barchart
Today some institution/fund purchased 2,909 contracts of March $190 strike calls (or the right to buy 290,900 shares of Alibaba Group Holding Limited (BABA) at $190). The open interest was 1,790 prior to this purchase. Continue reading “Unusual Options Activity – Alibaba Group Holding Limited (BABA)”
Data Source: barchart
Today some institution/fund purchased 42,026 contracts of Jan 2022 $23 strike calls (or the right to buy 4,202,600 shares of AT&T Inc. (T) at $23). The open interest was 4,396 prior to this purchase. Continue reading “Unusual Options Activity – AT&T Inc. (T)”
