Unusual Options Activity: AVTR, WBD and Others Attract Market Bets, AVTR V/OI Ratio Reaches 1288.3
EST Jul 20th 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 $Avantor (AVTR.US)$ call contracts stood out with a volume of 19,325, far exceeding its open interest of 15 with a V/OI ratio of 1288.33. The premium, or cost, of the trade was $1.16 million. The strike price of this contract is $12.000 and the expiration date is September 18th, 2026, 60 days later.
Another option trade worth noting is a trade on $Avantor (AVTR.US)$ call contracts with a volume of 13,706, far exceeding its open interest of 15 with a V/OI ratio of 913.73. The premium, or cost, of the trade was $822.36K. The strike price of this contract is $12.000 and the expiration date is September 18th, 2026, 60 days later.
There is also a notable transaction on $Warner Bros Discovery (WBD.US)$ put contracts with a volume of 10,000, far exceeding its open interest of 16 with a V/OI ratio of 625.0. The premium, or cost, of the trade was $870K. The strike price of this contract is $18.000 and the expiration date is March 19th, 2027, 242 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
High interest rates are not the "end" of US stocks? Is profitability the real key?
JPMorgan believes that profit growth is the key factor determining the resilience of U.S. stock valuations. Data since 1950 shows an "inverted U-shaped" relationship between the 10-year U.S. Treasury yield and S&P 500 valuations. Based on current profit levels, yields would need to reach about 5%-6% to significantly compress valuations. As long as profit growth remains above 15%, there is still room for valuations to be re-rated. If the yield curve steepens in a bear market, cyclical sectors such as energy and financials will benefit more; if it flattens, technology stocks will have a relative advantage.
The "Outlier" Investment Art in the New Era of Berky

Chevron (CVX.US) explores alternative hedging for Middle East supply disruptions: targets Argentina and the Mediterranean to drive global LNG growth, seeks deal with India
Chevron is focusing on Argentina and the Mediterranean region, seeking global growth in liquefied natural gas, and plans to reach an agreement with India.

XRP price rallies – Can the CLARITY Act trigger another 2024-style run?


