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Noteworthy Friday Option Activity: CVNA, APP, FSLR
Nasdaq· 2025-09-13 00:08
Group 1 - Carvana Co (CVNA) has seen significant options trading activity with a total volume of 49,670 contracts, representing approximately 5.0 million underlying shares, which is 202.4% of its average daily trading volume of 2.5 million shares over the past month [1] - A notable volume of 2,502 contracts was traded for the $370 strike call option expiring September 12, 2025, representing about 250,200 underlying shares of CVNA [1] Group 2 - Applovin Corp (APP) options have recorded a volume of 94,872 contracts, equating to approximately 9.5 million underlying shares, or 157.4% of its average daily trading volume of 6.0 million shares over the past month [3] - The $580 strike put option expiring September 12, 2025, has seen particularly high activity with 6,260 contracts traded, representing around 626,000 underlying shares of APP [3] Group 3 - First Solar Inc (FSLR) options show a volume of 48,076 contracts, which corresponds to approximately 4.8 million underlying shares, amounting to 143.9% of its average daily trading volume of 3.3 million shares over the past month [5] - The $210 strike call option expiring September 19, 2025, has experienced significant trading with 5,481 contracts, representing about 548,100 underlying shares of FSLR [5]
Cloudflare Options Trading: A Deep Dive into Market Sentiment - Cloudflare (NYSE:NET)
Benzinga· 2025-09-12 19:01
Group 1 - Whales have taken a bullish stance on Cloudflare, with 47% of investors opening trades with bullish expectations and 35% with bearish [1] - The total amount for detected trades includes $108,140 for puts and $745,674 for calls [1] - Whales have been targeting a price range from $100.0 to $310.0 for Cloudflare over the last 3 months [2] Group 2 - Volume and open interest trends provide insights into liquidity and interest levels for Cloudflare's options [3] - A snapshot of the trends in volume and open interest for calls and puts across significant trades is presented within the strike price range of $100.0 to $310.0 over the past month [3] Group 3 - Recent options activity shows a mix of bullish and bearish sentiments, with notable trades including a bearish call with a total trade price of $124.6K and a bullish call with a total trade price of $98.0K [8] - The average target price proposed by industry analysts for Cloudflare is $255.0 [11] - Citigroup has maintained a Buy rating on Cloudflare, aligning with the average target price [12] Group 4 - Cloudflare is a software company based in San Francisco, offering security and web performance services through a distributed, serverless content delivery network [9] - The company's edge computing platform, Workers, allows clients to deploy and execute code without maintaining servers [10] - The current stock price of Cloudflare (NET) is $222.34, down -1.02%, with earnings expected to be released in 55 days [14]
Decoding Centene's Options Activity: What's the Big Picture? - Centene (NYSE:CNC)
Benzinga· 2025-09-12 19:01
Group 1 - Significant investors have taken a bearish stance on Centene, with 72% of trades being bearish and only 4% bullish [2][3] - A total of 22 uncommon options trades were identified for Centene, with puts amounting to $85,417 and calls totaling $1,162,165 [2][3] - The predicted price range for Centene over the recent three months is between $25.0 and $55.0 [3] Group 2 - The volume and open interest trends for Centene's options indicate liquidity and interest, with a focus on the strike price range from $25.0 to $55.0 over the last 30 days [4] - Recent options activity shows a mix of bearish sentiment, with various call and put trades executed at different strike prices [9] - Centene serves 22 million medical members, primarily in Medicaid (60%), individual exchanges (20%), and Medicare (5%) [10] Group 3 - Analysts have provided ratings for Centene, with an average target price of $36.2, and various firms maintaining or adjusting their ratings [12][13] - Current trading volume for Centene is 10,841,765, with the stock price down by 2.22% at $33.33 [15]
Entry Opportunity Could Prove Profitable for Tech Bulls
Schaeffers Investment Research· 2025-09-12 18:37
Group 1 - Cloudflare Inc (NYSE:NET) is currently trading above its previous all-time high breakout and 20-day moving average, indicating a potential upward trend towards a target of 220-strike by July expiration [1] - The stock's 50-day put/call volume ratio is higher than 72% of readings from the past year, suggesting a potential unwinding of bearish sentiment that could provide tailwinds for the stock [3] - Options are currently affordably priced, with a Schaeffer's Volatility Index (SVI) of 43% ranking in the 14th percentile of its annual range, indicating lower-than-usual volatility expectations [4] Group 2 - The Schaeffer's Volatility Scorecard (SVS) for Cloudflare is at 80 out of 100, suggesting that the stock has historically exceeded volatility expectations over the past year [4] - A recommended call option has a leverage ratio of 5.2, indicating that it will double in value with a 21.6% increase in the underlying equity [5]
What the Options Market Tells Us About AutoZone - AutoZone (NYSE:AZO)
Benzinga· 2025-09-12 18:01
Group 1: Market Sentiment and Trading Activity - Financial giants have shown a bearish sentiment towards AutoZone, with 62% of traders exhibiting bearish tendencies and only 25% being bullish [1] - The analysis of options trading revealed 16 unusual trades, with a total value of $178,690 for puts and $579,001 for calls [1] - Significant investors are targeting a price range for AutoZone between $2600.0 and $5000.0 over the past three months [2] Group 2: Options Volume and Open Interest - Insights into volume and open interest are crucial for understanding liquidity and interest levels in AutoZone's options [3] - A snapshot of trends in volume and open interest for calls and puts indicates varying levels of activity across significant trades [4] Group 3: Company Overview - AutoZone is a leading retailer of aftermarket automotive parts in the U.S., operating over 6,500 stores and serving both DIY and commercial markets [9] - The company also has a presence in international markets, with more than 800 stores in Mexico and over 100 in Brazil [9] Group 4: Analyst Ratings and Price Targets - A consensus target price for AutoZone is set at $4646.25, with various analysts maintaining positive ratings and target prices ranging from $4250 to $4925 [11][12] Group 5: Current Stock Performance - The current price of AutoZone (AZO) is $4354.54, with a trading volume of 44,404 and an indication that the stock may be overbought according to RSI indicators [14]
Adobe Unusual Options Activity - Adobe (NASDAQ:ADBE)
Benzinga· 2025-09-12 14:02
Financial giants have made a conspicuous bearish move on Adobe. Our analysis of options history for Adobe ADBE revealed 17 unusual trades.Delving into the details, we found 17% of traders were bullish, while 76% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $285,439, and 10 were calls, valued at $833,490.What's The Price Target?Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $220.0 to $4 ...
Options Corner: ANET
Youtube· 2025-09-12 13:40
Core Viewpoint - Arista Networks has reached a new all-time high following the release of full-year guidance, projecting $10.5 billion in revenue, which represents a 20% year-over-year growth [1] Company Performance - Arista Networks has significantly outperformed both the broader market and its tech sector competitors over the past year, with notable competitors including Hewlett Packard, Cisco, Dell, and Fortinet [3] - Over the past five years, Arista Networks has shown exceptional performance compared to its peers in the data center and AI infrastructure sectors [3] Technical Analysis - The stock has notable support around the $138 to $140 range, with significant highs and lows observed historically in this area [4] - The volume profile indicates a strong volume node near the $138 to $140 range, suggesting robust support [5] Options Strategy - A cautious approach is recommended due to the stock being overbought on the RSI, despite its recent rally to all-time highs [6] - A neutral to bullish options strategy has been suggested, involving selling an out-of-the-money put vertical, specifically selling the $148 put and buying the $140 put [7][8] - The potential credit collected from this strategy is approximately $220, with a risk of about $580, allowing for a break-even point nearly 4% below the expected opening price [9]
Noteworthy Thursday Option Activity: BKNG, LLY, HUT
Nasdaq· 2025-09-11 19:29
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Booking Holdings Inc (Symbol: BKNG), where a total volume of 1,294 contracts has been traded thus far today, a contract volume which is representative of approximately 129,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 70.9% of BKNG's average daily trading volume over the past month, of 182,455 shares. Especially high volume was ...
Notable Thursday Option Activity: ENVX, DASH, ASTS
Nasdaq· 2025-09-11 19:28
Options Trading Activity Summary - Enovix Corp (ENVX) has seen a total options trading volume of 35,118 contracts today, representing approximately 3.5 million underlying shares, which is 58.1% of its average daily trading volume of 6.0 million shares over the past month [1] - The $10 strike call option for ENVX, expiring January 15, 2027, has particularly high volume with 3,695 contracts traded, equating to about 369,500 underlying shares [1] DoorDash Inc (DASH) Options Activity - DoorDash Inc (DASH) recorded an options trading volume of 17,751 contracts today, representing around 1.8 million underlying shares, or 56.9% of its average daily trading volume of 3.1 million shares over the past month [3] - The $280 strike call option for DASH, expiring September 12, 2025, has seen significant activity with 5,167 contracts traded, representing approximately 516,700 underlying shares [3] AST SpaceMobile Inc (ASTS) Options Activity - AST SpaceMobile Inc (ASTS) has reported an options trading volume of 51,884 contracts today, which corresponds to about 5.2 million underlying shares, or 56.7% of its average daily trading volume of 9.1 million shares over the past month [5] - The $40 strike call option for ASTS, expiring September 12, 2025, has particularly high volume with 11,276 contracts traded, representing approximately 1.1 million underlying shares [5]
Noteworthy Thursday Option Activity: ZETA, SBUX, RMBS
Nasdaq· 2025-09-11 19:28
Group 1: Zeta Global Holdings Corp (ZETA) - Zeta Global Holdings Corp experienced significant options trading volume with a total of 31,228 contracts traded, equating to approximately 3.1 million underlying shares, which is about 43.3% of its average daily trading volume of 7.2 million shares over the past month [1] - The $21 strike call option expiring on September 19, 2025, saw particularly high activity with 4,704 contracts traded, representing around 470,400 underlying shares [1] Group 2: Starbucks Corp (SBUX) - Starbucks Corp recorded an options trading volume of 34,848 contracts, representing approximately 3.5 million underlying shares, which is about 42.9% of its average daily trading volume of 8.1 million shares over the past month [2] - The $100 strike put option expiring on September 19, 2025, had notable volume with 2,868 contracts traded, equating to approximately 286,800 underlying shares [2] Group 3: Rambus Inc (RMBS) - Rambus Inc saw options trading volume of 5,300 contracts, representing approximately 530,000 underlying shares, or about 42.9% of its average daily trading volume of 1.2 million shares over the past month [3] - The $80 strike call option expiring on October 17, 2025, experienced significant trading with 889 contracts, representing around 88,900 underlying shares [3]