Unusual Options Activity in Square, Inc. (SQ), Albertsons Companies, Inc. (ACI), and JD.com, Inc. (JD)

Unusual Options Activity in Square, Inc. (SQ), Albertsons Companies, Inc. (ACI), and JD.com, Inc. (JD)
Albertsons Companies, Inc’s daily price, in blue, there was a high today of 16,278 put volume thus far, seen in red.

Unusual Options Activity in Square, Inc. (SQ)

Today, among the underlying components of the NYSE, we saw unusual or noteworthy options trading volume and activity in Square, Inc. (SQ), which opened at $253.01.

There were a total of 5,250 contracts traded on the $210 strike call option at the bid, dated for September 17th, 2021, representing approximately 525,000 shares.

Additionally, there were another 5,250 contracts traded on the $260 strike put option at the ask, dated for November 11th, 2021, representing another 525,000 shares.

Finally, there were another 5,250 contracts traded on the $260 strike call option at the bid, also dated for November 11th, 2021.  Altogether, these positions represent 1,575,000 shares.  It would be anticipated these orders are protecting substantial shares, and were traded as part of a strategy.

These orders come after Square, Inc. is partnering with SoFi (SOFI) for technology services.  Furthermore, Sivan Whiteley, Gen. Counsel & Corp. Secretary, on September 07, 2021, sold 8,119 shares in Square, Inc. for $2,161,927.

Seen above are the noteworthy options orders in Square, Inc. (SQ), click here to see the settings for the Unusual Whales Flow.
Seen above are Square, Inc.’s most active chains, and the November 19th $260 strike call option is now the most active, with 7,184 volume overall today, having had 4,588 open interest as of yesterday’s close.

Unusual Options Activity in Albertsons Companies, Inc. (ACI)

Among the underlying components of the NYSE, we saw unusual or noteworthy options trading volume and activity today in Albertsons Companies, Inc. (ACI), which opened at $32.08.

There were a total of 4,025 contracts traded on the $29 strike put option at the ask, dated for September 17th, 2021, representing approximately 402,500 shares.

There were an additional total of 4,025 contracts traded on the $32 strike put option, also for the ask, for the same date, and representing the same amount of shares.

These orders come after last month's reporting that Albertsons was a value company with additional, speculative potential.

Seen above are the noteworthy or unusual options activity in Albertsons Companies, Inc. (ACI).
Per the chart above, representing Albertsons Companies, Inc’s daily price, in blue, there was a high today of 16,278 put volume thus far, seen in red.

Earlier this month, on September 2nd, call volume, in green, had reached a high 23,810 and has now come down to 804 today.  ACI’s 30 day average put volume is 1,800, so this jump represents a 929% rise over the mean.

Unusual Options Activity in JD.com, Inc. (JD)

Finally, in the market capitalization-weighted index NASDAQ Global Select Market Composite (NasdaqGS), we saw unusual or noteworthy options trading volume and activity today in JD.com, Inc. (JD), which opened at $82.20.

There were a total of 15,000 contracts traded on the $75 strike call option at the ask, dated for December 17th, 2021, representing approximately 1,500,000 shares.

Additionally, there were a total of 15,000 contracts traded on the $80 strike call option at the bid, dated for September 17th, 2021, representing an additional 1,500,000 shares.  Together, these orders represent a diagonal or calendar spread.  There is approximately a 48% chance of profitability, with a 14.6% maximum return on risk; the debit, or maximum risk, is $12,675,000.

Furthermore, these orders come after a phone call between U.S. President Joe Biden and Chinese leader Xi Jinping, their first talks in seven months.

Per the chart above, representing JD.com, Inc.’s daily price, in blue, there was a high today of 40,846 call volume thus far, from regional highs of 82,185 on September 1st and 211,651 on August 24th, 2021.

Open interest, in yellow, has continued upward to 1,290,077 contracts being traded as of yesterday’s close.  JD’s average 30 day call volume is 53,500, so within the first hour of open already it has had 76% of its typical call volume for a day.

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