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Unusual Stock Options Analysis

 
 
  • like  17 Feb 2026
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$BE
Unusual options flow in Bloom Energy points to aggressive positioning despite shares trading around $145.32, up nearly 4% on the session. We’re seeing 32 notable trades with roughly $2.8M in puts versus $1.4M in calls. While headline stance reads bullish, the premium skew toward puts suggests complex positioning — possibly protective structures layered over equity exposure. Volume at 7.66M trails the 12.93M average, so this looks more derivatives-driven than spot-driven.

$JNJ
Johnson & Johnson is drawing bearish institutional attention near $243.33. Options data flagged unusual activity with a noticeable lean toward downside exposure, and a published target range spanning $185 to $250. With shares flat on the day but volume running above average (11.84M vs 9.42M), this appears to be strategic hedging into strength rather than panic selling. The flow implies defined risk positioning, not outright capitulation.

$NEM
Newmont’s options tape shows 25 unusual trades with 60% of flow leaning bullish. Calls value (~$2.25M) meaningfully outweighs puts (~$468K), even as the stock slips 2.77% to $122.31. The $65–$180 target band reflects wide dispersion expectations, typical for commodity-linked names. Volume is slightly below average, reinforcing the view that the signal today sits in derivatives, not equity momentum.

$PANW Palo Alto Networks is seeing bearish option positioning as shares ease to $163.50. While call premium ($543K) exceeds puts ($67K), sentiment metrics show a heavier bearish tilt, suggesting spreads or structured downside plays rather than outright long calls. With volume running above average (12.71M vs 10.16M), institutions may be adjusting exposure ahead of a volatility catalyst.

$PINS Pinterest options activity shows balanced sentiment (50% bullish / 50% bearish) but leans modestly toward call premium accumulation. With $216K in puts and $95K in calls across eight unusual trades, this could reflect smaller speculative positioning. Shares at $15.51 are trading on strong relative volume (27.29M vs 17.28M), making this one of the more active single-name flows on the tape today.

$SHOP Shopify price action has been volatile this year, yet the options tape shows little in the way of abnormal hedging. With no significant unusual trades detected and options premium essentially flat, the derivatives market is not signaling incremental fear or speculative buildup at $113.54. Volume is roughly in line with average, suggesting equilibrium rather than conviction positioning.

$TER Teradyne is attracting bullish whale activity despite a 2.9% pullback to $305.53. Nine unusual trades show call premium ($318K) outweighing puts ($105K), with a wide projected range between $260 and $480. Spot volume is lighter than average (2.33M vs 3.72M), which strengthens the signal that larger players are expressing views through options rather than outright equity.

$TTWO Take-Two Interactives options market shows balanced but constructive positioning, with call premium ($155K) trailing puts ($476K) yet sentiment metrics skewing bullish. Trading at $193.87, the stock sits near the lower bound of its $190–$285 projected range. With equity volume under average, this appears to be anticipatory positioning rather than reactionary flow.

$WING Wingstop stands out with a 13.59% surge to $251.78, yet options data reflects a bearish institutional stance. Call premium ($449K) dominates puts ($25K), which may indicate call overwriting or structured downside trades rather than directional long calls. Volume is dramatically above average (2.07M vs 655K), confirming that the move has both equity and derivatives participation.

 
 
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