Options

Unusual Options Activity in Cameco (CCJ), Fastly (FSLY), and NetEase (NTES)

Unusual Options Activity in Cameco Corporation (CCJ)

Today, October 18, 2021, among the underlying components of the NYSE, we saw unusual or noteworthy options trading volume and activity in Cameco Corporation (CCJ), which opened at $26.10.

There were a series of unusual orders, all above 1,000 contracts traded, all dated for December 17th, 2021.  

Notably, there were 2,000 contracts traded on the $19 strike put option at the bid.  

Furthermore, there was what appears to be a call ratio spread on the $25 strike and $32 strike call options, at the ask and the bid respectively.  

Altogether, these orders represent over 2,900,000 shares and $4,459,000 in premium traded.

These orders continue to come in, even after our reports on October 1st, 2021.

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Seen above are the noteworthy options orders in Cameco Corporation from the Unusual Whales Flow.

These orders come in after InvestorPlace’s report, by Mr. Tyler Craig, where $CCJ was still regarded as a stock to buy, despite any volatility in the market.

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The charts above represent Cameco Corporation’s historical price in blue, call volume in green, put volume in red, and open interest in yellow.  As of this writing, $CCJ has had 59,742 calls traded, 40% of its 30-day average volume, albeit down from the 133,386 traded on October 12th, 2021; in spite of these metrics, open interest still remains at a relative mean in $CCJ, meaning contracts are still being held.

To view more information about CCJ's daily flow breakdown, click here to visit unusualwhales.com.

Unusual Options Activity in Fastly, Inc. (FSLY)

Again, among the underlying components of the NYSE, we saw unusual or noteworthy options trading volume and activity in Fastly, Inc. (FSLY), which opened at $44.39.

There were 5,300 contracts traded on the $50 strike call option, at the ask, and an additional 5,300 contracts traded on the $60 strike call option, at the bid, representing approximately 1,060,000 shares and $1,177,000 premium traded; if these orders had came in together, they would represent a call debit spread.

These orders were a cross trade, meaning a broker executed the orders for different clients and reported them on at once on an exchange.

These orders come ahead of Fastly, Inc.’s earnings report slated for release on November 3rd 2021 after market close.

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Seen above are the noteworthy options orders in Fastly, Inc. from the Unusual Whales Flow.

These orders came after The Motley Fool’s reports by Mr. Daniel Sparks in which it was stated that “Fastly's second quarter, revenue grew just 14% year over year. This was a significant slowdown from 35% growth in the prior quarter. Of course, there were good reasons for the slowdown.

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The charts above represent Fastly, Inc.’s chain breakdowns of $1,000 premium whales, with expirations on the left and strikes on the right.

As can be seen, 61.6% of the premium traded at these levels are in bullish premiums.  94.9% of contracts traded are bid-side orders, with 56.5% of the flow in puts.

To view more information about FSLY's flow breakdown, click here to visit unusualwhales.com.

Unusual Options Activity in NetEase, Inc. (NTES)

Finally, in the NasdaqGS, we saw unusual or noteworthy options trading volume and activity today in NetEase, Inc. (NTES), which opened at $95.16.

There were 10,000 contracts traded on the $85 strike put option, dated for November 12th, 2021, representing 1,000,000 shares and $850,000 premium.

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Seen above are the noteworthy options orders in NetEase, Inc. from the Unusual Whales Flow.

These orders come after Trefis’ report explaining that NetEase, Inc. rose by 8.3% in the last twenty-one trading days.

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The charts above represent NetEase, Inc.’s historical price in blue, call volume in green, put volume in red, and open interest in yellow.  

As of this writing, NTES has had 15,492 puts traded, which is 387% above its 30-day put volume average. Calls have decreased today to just 637 calls traded, from Friday’s volume of 6,068.

To view more information about NTES's flow breakdown, click here to visit unusualwhales.com.

For further information on the unusual options activity of CCJ, FSLY, and NTES visit unusualwhales.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Unusual Whales

Unusual Whales uncovers unusual options, stocks, and crypto purchases, to equalize information for the retail investor. Follow at unusualwhales.com

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