Have a MERRY Christmas With These 9 Unusually Active Options

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I hope Santa’s been good to you and your family. It’s been another solid year for the markets.The S&P 500, as I write this, is up 16.2% with only a handful of trading days left in 2025. It is the fourth consecutive year of annual gains. There have been six instances since 1928 in which the index has delivered four consecutive years or more of positive returns; the record, however, is eight, set between 1982 and 1989.Here’s a Smart Way to Trade Robinhood (HOOD) Stock Without Going into Lottery ModeCisco Systems Stock Is Treading Water - How to Use Puts and Calls to Play CSCOGet exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else.I find it hard to believe we’ll get anywhere close to the record, given stock valuations appear vastly overvalued relative to historical norms.That said, wise investors know that time “in” the markets is far more important than “timing” the markets. If you’re nervous about your portfolio, you can always scale back your equity exposure, moving some of your assets to cash, fixed-income investments, or commodities such as gold.Alternatively, you could use options to gain exposure to companies you like, without the significant upfront cash outlay.With this in mind, I’ve identified nine stocks worth owning for the long term based on their unusual option activity to guide the way.You’ll notice that the first letters of the nine companies spell C-H-R-I-S-T-M-A-S. Not only did they have to be reasonably attractive businesses, but they also had to have Vol/OI (volume-to-open-interest) ratios of 1.24 or higher and corporate names starting with one of the nine letters spelling out the big day—no easy task.Happy Holidays!Carrier Global (CARR), the global HVAC business, was spun off by United Technologies in April 2020. Its stock’s had a rough go in 2025, down over 21% year-to-date. It’s trading at one of its lowest levels over the past two years.I wrote about Carrier in April 2024, suggesting that “Carrier is a sensible long-term investment for anyone who thinks climate change is real.”OTM (out of the money) by 6.5%, the $1.80 ask price is just 3.35% of its Dec. 19 closing share price. You can double your money by selling the call before expiration if the share price appreciates by $5.14 (9.6%) over the next two months. The expected move is $5.27, so it’s possible.Analysts like Carrier stock. Of the 22 rated, 12 rate it a Buy (4.00 out of 5), with a target price of $72.85, well above its current share price.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,929.94 -2.11 (-0.03%)Dow 3048,710.97 -20.19 (-0.04%)Nasdaq23,593.10 -20.21 (-0.09%)Russell 20002,534.35 -13.74 (-0.54%)VIX13.60 +0.13 (+0.97%)Gold4,562.00 +59.20 (+1.31%)Trending tickersTGT Target Corporation 99.55 +3.02 (+3.13%)SLV iShares Silver Trust 71.12 +5.90 (+9.05%)XPEV XPeng Inc. 20.78 +1.21 (+6.18%)SIDU Sidus Space, Inc. 1.9300 -0.2700 (-12.27%)CPNG Coupang, Inc. 24.27 +1.47 (+6.45%)PortfolioSign in to access your portfolioSign inTop gainersELPC Companhia Paranaense de Energia 9.65 +0.79 (+8.92%)PSLV Sprott Physical Silver Trust 26.04 +2.08 (+8.68%)ZETA Zeta Global Holdings Corp. 20.70 +1.59 (+8.32%)CPNG Coupang, Inc. 24.27 +1.47 (+6.45%)XPEV XPeng Inc. 20.78 +1.21 (+6.18%)Top losersRGC Regencell Bioscience Holdings Limited 21.16 -3.44 (-13.98%)FLY Firefly Aerospace Inc. 23.34 -3.70 (-13.68%)TMC TMC the metals company Inc. 6.82 -0.80 (-10.50%)AAOI Applied Optoelectronics, Inc. 37.17 -3.83 (-9.34%)RGTI Rigetti Computing, Inc. 22.38 -2.13 (-8.69%)Most activeNVDA NVIDIA Corporation 190.53 +1.92 (+1.02%)TSLA Tesla, Inc. 475.19 -10.21 (-2.10%)PLUG Plug Power Inc. 2.0700 -0.0300 (-1.43%)ONDS Ondas Holdings Inc. 8.48 -0.65 (-7.12%)NIO NIO Inc. 5.10 +0.19 (+3.87%)Top economic eventsEarnings eventsMy earnings eventsEarnings events