Call Traders Target Rallying Opendoor Technologies Stock

Group 1: Stock Performance and Market Sentiment - Opendoor Technologies Inc (NASDAQ:OPEN) has seen a significant rally, with a 39.2% increase followed by an additional 8.4% rise, reaching $5.43 and marking three-year highs, resulting in a year-to-date increase of approximately 237% [1] - Despite the stock's strong performance, analysts from Citigroup and KBW have issued bearish ratings, downgrading the stock to "sell" and "underperform," with only one out of twelve analysts maintaining a "buy" rating, and an average 12-month price target of $1.24, indicating a 77% discount to current levels [2] Group 2: Options Activity - There has been a notable increase in options trading for OPEN, ranking fifth in options volume over the past two weeks, with 7,820,695 calls and 2,018,798 puts exchanged, particularly active at the weekly 8/22 4-strike call [3] - On the current trading day, call options volume for OPEN has reached 2.1 times the daily average, with 1.2 million calls exchanged compared to 491,000 puts, and the weekly 8/29 5-strike call being the most popular [6]