Unusual Options Activity in Comcast Corporation (CMCSA)
Today, in the market capitalization-weighted index NASDAQ Global Select Market Composite (NasdaqGS), we saw unusual or noteworthy options trading volume and activity in Comcast Corporation (CMCSA).
There were a total of 3,000 contracts traded on the $62.5 strike call option at the bid, dated for November 19th, 2021, representing approximately 300,000 shares. There was an additional 3,000 contracts traded on the $47.5 strike put option also at the bid and for the same date, representing another 300,000 shares. These orders come after reports that Amplitude revealed it plans to list under the ticker symbol "AMPL", and has Comcast Corporation as a customer.
In the charts below, the November 19th, 2021 options chain is seen with its open interest in the left chart and its volume on the right, with calls visualized in green and puts in red. The $57.5 strike put option has the highest open interest on the chain at 27,076 and the above reported orders are now of the highest volumes, representing a strangle on Comcast Corporation’s future price action.
Unusual Options Activity in The Children's Place, Inc. (PLCE)
In the market capitalization-weighted index NASDAQ Global Select Market Composite (NasdaqGS), we saw unusual or noteworthy options trading volume and activity today in The Children's Place, Inc. (PLCE).
There were a total of 2,379 contracts traded on the $75 strike put option at the bid, dated for September 17th, 2021, representing approximately 237,900 shares. This order comes after reports that The Children’s Place has a one-year return of 358.4%, reported second-quarter FY21 adjusted EPS of $1.71 versus $(2.68) last year, and has a high short interest.
Per the chart below, there was a regional high of 8,740 put volume, represented in red, on August 17th, which has now risen to 8,414 again today. Open interest, in yellow, has risen to 22,612 as of yesterday the 30th, from 20,312 on the 24th. At the time of this writing, minimum premiums of $1,000 are represented by 98.7% put options, compared to minimum premium orders of $30,000 represented by 73.3% put options.
Unusual Options Activity in the iShares MSCI Brazil ETF (EWZ)
Among the underlying components of NYSEArca, we saw unusual and noteworthy options trading volume today on the iShares MSCI Brazil ETF (EWZ).
There were a total of 30,000 contracts traded on the $35.5 strike put option at the bid, dated for September 24th, 2021, representing approximately 3,000,000 shares.
There were an additional 20,000 contracts traded on the $36.5 call option, however at the ask, and for the same date, representing an additional 2,000,000 shares.
Finally, there were another 15,000 contracts traded on the $37.5 call option, also at the bid, as well as for the same date, representing an additional 1,500,000 shares. As previously reported, these orders come in just after reports that Hydrogen could bring back hope for the ETFs.
In the charts below, the September 24th, 2021 options chain is seen with its open interest in the left chart and its volume on the right, with calls visualized in green and puts in red. The $37 strike call option has the highest open interest on the chain at 21,404 and the $35.5 strike put option has the highest volume at 30,000, as of these reported orders.
