Chris Capre

Chris Capre

Benzinga Staff Writer

Option Traders Buying Meta Platforms Calls, Yet Stock Keeps Falling: More Downside Ahead?
With the disaster earnings last week, Meta Platforms (NASDAQ: FB) had its biggest losing day in history, shedding over 26% of value and losing over $200 billion in market cap.
Option Traders Gorge On DWAC Calls
Digital World Acquisition Corp (NASDAQ: DWAC) is having a strong day Wednesday, up 7.5% in afternoon trading. Trading over 9.6 million shares today, the stock is well above its 10-day average of 5.5 million shares.
AMC Shares Down On The Week Despite Heavy Option Buying, Renewed Retail Interest
AMC Entertainment Holdings, Inc (NYSE: AMC) is about the close the first week of 2022 trading down over 15%. AMC Apes and retail traders have shown no less interest to re-ignite the former gamma squeeze trade of 2021, but the stock isn't showing the upside yet, despite heavy options trading.
Lucid Group Options Explode, Increasing Total Volumes By More Than 60%
Lucid Group, Inc (NASDAQ: LCID) is having an incredibly strong day, up over 6% to close the week on high volume with over 63 million shares traded. But the real kicker is in the options market, with traders moving over 794,000 contracts.
Option Traders Heavily Bullish On Disney To End The Year
Heading into the last few days of the trading year, Walt Disney Co (NYSE: DIS) is having a solid day of gains, up more than 1.5% with less than two hours of trading Tuesday.
Large Bullish Option Bet Detected On Roblox For Over $1 Million
Early in today's trading session, a trader placed a large option bet on Roblox Corporation (NYSE: RBLX), trading over 1,200 calls on the $115 strike for the Mar. 18 expiry next year (image below).
Nasdaq Pulling Back To Major Option Inflection Point, Potential Volatility Ahead
While the US markets are down mildly on the day, the Nasdaq ETF Invesco QQQ Trust (NASDAQ: QQQ) is only a couple of points from a major options inflection point.
Unusual Options Activity On Microsoft With Potential $6M Bet
Microsoft Corp (NASDAQ: MSFT) is up almost 2% on the day with below average shares being traded on the day, yet there's unusual options activity along with a potentially large bet.
Ford Up 2% As Option Traders Remain Heavily Bullish
Ford Motor Co (NYSE: F) is up over 2% today, finding solid intraday support around $20 as option traders remain heavily bullish on the stock.
Option Buyers Get Bullish On Fubo At Key Support Level
While the stock is down over 5% on Monday, option traders are getting bullish on FUBO TV Inc (NYSE: FUBO) as it approaches a key support level around $16.
Novavax Shares Fall On Heavy Options Volume Following COVID Vaccine Approval By EU
In what should have been good news for the stock, Novavax Inc (NASDAQ: NVAX) is down over 6% on the day on heavy volumes with over 10 million shares traded (double the 10 day average) and over 57,000 options traded.
Citigroup Stock Down Over 6% YTD Even As Option Traders Get Bullish
While most major banks are up double digit percentages this year, Citigroup Inc (NYSE: C) is down over 6% year-to-date and is one of the weakest performing stocks in the major bank/financial sector.
Nike Down Before Earnings On Heavy Options Volume
Nike Inc (NYSE: NKE) is down more than 3% on the day heading into its earnings release, after the market closes today.
Roblox Up Over 7% On Heavy Options Activity
Roblox Corporation (NYSE: RBLX) is up more than 7% today on heavy options volume to end the week. The stock recently got a boost from Needham initiating coverage, giving it a Buy rating and a $136 price target.
ARKK Finds Support At $90 On Strong Options Volume
ARKK Innovation ETF (NYSE: ARKK) is finding support at the $90 strike to end the week, up over 5% for the day on very strong options flows. Looking at the image below, the stock has traded over 197,000 options with over 74,000 calls and 123,000 puts.
AMC Surges 20% On Massive Options Volume: Can Shares Hit $40?
AMC Entertainment Holdings (NYSE: AMC) is having an incredibly strong day, up over 20% heading into the last two hours of trading for the week on a massive amount of options volume.
Wells Fargo Sees Strong Options Flows With Heavy Monthly Expiry Friday
What Happened: Wells Fargo & Company (NYSE: WFC) is having a strong day, rising 2.74% on strong option flows with over 174,000 options traded, printing over 112,000 calls and 61,000 puts (image below).
Qualcomm Falls On Heavy Options Volume
Qualcomm, Inc. (NASDAQ: QCOM) is down more than 6.5% heading into the last hour of trading on Dec. 16 on heavy options volume.
Target Stock Hammered With Heavy Options Expiry on Dec. 17
Target Corporation (NYSE: TGT) stock is getting hammered in Wednesday trading, down nearly 5% an hour before the close on strong volume.
S&P 500 Rips After Fed Decision, Option Traders Close Long Puts
The Federal Open Market Committee (FOMC) just released its December rate decision, leaving rates unchanged but voting for three rate increases in 2022.