Unusual Options Activity: EQT, WULF and Others Attract Market Bets, EQT V/OI Ratio Reaches 500.0
EST Jun 22nd Morning Delivery - In the last two 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 $EQT Corp (EQT.US)$ put contracts stood out with a volume of 10,000, far exceeding its open interest of 20 with a V/OI ratio of 500.0. The premium, or cost, of the trade was $1.07 million. The strike price of this contract is $47.500 and the expiration date is August 21st, 2026, 60 days later.
Another option trade worth noting is a trade on $TeraWulf (WULF.US)$ call contracts with a volume of 23,737, far exceeding its open interest of 77 with a V/OI ratio of 308.27. The premium, or cost, of the trade was $379.79K. The strike price of this contract is $37.000 and the expiration date is July 2nd, 2026, 10 days later.
There is also a notable transaction on $Warner Music (WMG.US)$ put contracts with a volume of 18,395, far exceeding its open interest of 77 with a V/OI ratio of 238.9. The premium, or cost, of the trade was $220.75K. The strike price of this contract is $24.000 and the expiration date is July 17th, 2026, 25 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
South Korea's AI Mania Spills Into Crypto, With Worldcoin as Top Pick
Our Pinterest Stock Pick Hasn't Worked. We're Dropping It. -- Barrons.com
By Jacob Sonenshine Pinterest is down about 42% since Barron's recommended the stock in June 2025. During that time the S&P 500 has gained 29%. Time to move on. The problem isn't that Pinterest doesn't have long-term growth potential. It's that it has repeatedly failed to sustain a super high growth rate, creating uncertainty. Our thesis was that revenue growth would hold strong and the company's artificial intelligence usage would enable it to match the right products and advertisements with users. The hope was that Pinterest, with its hundreds of millions of users and more than $4 billion of annual sales, would grow within a global digital ad market worth hundreds of billions, as it would increasingly monetize its users. It has grown -- but not consistently at a high rate. Pinterest will continue to grow, but the market's concern doesn't appear likely to subside soon; revenue growth often decelerates by several percentage points, which causes large selloffs in the shares. The root of the problem is that whenever growth slows, the market is left to wonder if the platform is beginning to lose its relevance. Users now have a crowded field of options for finding personal and household trinkets to buy. Maybe the growth story isn't as beautiful as investors had hoped years ago, when the stock was at record highs of close to $90. Consider second quarter earnings, which management released Aug. 4, and caused the stock to drop. Yes, sales of $1.18 billion beat analyst's expectations and grew about 18% year over year, and yes, adjusted earnings per share of 43 cents beat estimates and grew 30%, as profit margins expanded. But the guidance signaled slowing growth yet again. Management guided for third quarter revenue of $1.2 billion at the midpoint of the range. That implies 14% year over year growth. Chief Financial Officer Julia Donnelly said on the earnings call that second quarter growth was strong partly due to the combination of brands increasing their ad spend around Amazon Prime Day and "World Cup-related spend th
Gold steady as firm dollar counters softer US rate-hike bets
CFTC Clears Path for US Exchanges to Launch Perpetual Futures
Crypto prices
More
