Unusual Options Activity: ALLY, COMP and Others Attract Market Bets, ALLY V/OI Ratio Reaches 194.7
EST Jun 16th Closing Delivery - In the last three hours of trading, 10 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options trends.
Of the 10 options trades detected with a high V/OI ratio, a trade on $Ally Financial (ALLY.US)$ call contracts stood out with a volume of 7,786, far exceeding its open interest of 40 with a V/OI ratio of 194.65. The premium, or cost, of the trade was $381.51K. The strike price of this contract is $50.000 and the expiration date is July 17th, 2026, 31 days later.
Another option trade worth noting is a trade on $Compass (COMP.US)$ call contracts with a volume of 4,000, far exceeding its open interest of 25 with a V/OI ratio of 160.0. The premium, or cost, of the trade was $380K. The strike price of this contract is $12.000 and the expiration date is November 20th, 2026, 157 days later.
There is also a notable transaction on $XPeng (XPEV.US)$ put contracts with a volume of 5,200, far exceeding its open interest of 103 with a V/OI ratio of 50.49. The premium, or cost, of the trade was $967.2K. The strike price of this contract is $13.000 and the expiration date is January 15th, 2027, 213 days later.
See below for more unusual options activities.
Notes:
Unusual options activity identifies a single option trade with a volume-to-open-interest ratio (V/OI) equal to or above 10, which means the volume of the trade is much higher than the existing positions. High V/OI often implies that a trader is opening a new position with an unusual amount. Options activities are filtered based on the following criteria:
Options trade with V/OI≥10, while OI of the contract must be ≥10.
Options trade with premium≥$50,000.
The underlying asset of selected options must be individual stock with a market cap≥$5 billion.
If there are at least 3 or more trades that meet all the criteria in the corresponding time period, an article will be generated at 11:30, 13:30, and 16:30 ET each trading day.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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