Unusual Options Activity: INTC, XOM and Others Attract Market Bets, INTC V/OI Ratio Reaches 246.2
EST Jul 24th 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 $Intel (INTC.US)$ put contracts stood out with a volume of 16,000, far exceeding its open interest of 65 with a V/OI ratio of 246.15. The premium, or cost, of the trade was $80,000. The strike price of this contract is $55.000 and the expiration date is August 7th, 2026, 14 days later.
Another option trade worth noting is a trade on $Exxon Mobil (XOM.US)$ call contracts with a volume of 9,873, far exceeding its open interest of 60 with a V/OI ratio of 164.55. The premium, or cost, of the trade was $217.21K. The strike price of this contract is $172.500 and the expiration date is July 31st, 2026, 7 days later.
There is also a notable transaction on $Strategy (MSTR.US)$ put contracts with a volume of 8,000, far exceeding its open interest of 58 with a V/OI ratio of 137.93. The premium, or cost, of the trade was $6.13 million. The strike price of this contract is $98.500 and the expiration date is July 31st, 2026, 7 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.
You may also like
Shipping in the Strait of Hormuz Nearly Comes to a Standstill! Middle Eastern Energy in Search of Alternatives, LNG Suppliers Resort to Rare Ship-to-Ship Transfers
Although the contest between the United States and Iran over the strategic Strait of Hormuz continues, suppliers are still working to ensure that fuel can be transported from inside the Persian Gulf to global markets.
IREN Stock Tests Key EMA Support Amid Microsoft, Nvidia Catalysts
EU’s 14-platform ban headlines this week’s crypto market events
XCH Price Surge to $1.58 Signals Whale Accumulation—Can It Break $1.60?
Crypto prices
More
