Royal Dutch Shell Trading Volume Surges

Shell Unusual Options Activity: Investors Eyeing Potential Upside

A surge in unusual options activity has been observed in Shell (S) ahead of the company's first-quarter earnings report, sparking investor interest in the energy giant's potential upside.

According to Benzinga's proprietary data, a large number of call options have been purchased in the S May 20th 2025 65-strike call, with the majority of the volume concentrated in the 65-70 strike range. This unusual options activity has piqued the interest of market analysts, who believe it may be indicative of investor optimism surrounding Shell's near-term prospects.

Shell's recent performance has been marked by a steady decline in its share price, which has fallen by over 10% in the past month. However, the recent uptick in options activity suggests that some investors may be betting on a potential turnaround in the company's fortunes.

The S May 20th 2025 65-strike call options have seen a significant increase in buying activity, with the open interest in this particular contract more than doubling over the past week. This surge in demand has driven the option's premium higher, indicating a growing sense of conviction among investors that Shell's stock will rise above the 65-level in the coming months.

While it is impossible to know for certain why investors are buying these options, there are several possible explanations. Some may be betting on a positive earnings report, which could help to reverse the recent decline in Shell's share price. Others may be targeting the company's exposure to the global energy market, which has been experiencing a significant rebound in recent months.

Whatever the reason, the unusual options activity in Shell's May 20th 2025 65-strike call options has captured the attention of market analysts, who believe it may be indicative of a growing sense of optimism among investors. As the company prepares to release its first-quarter earnings report, investors will be closely watching to see if Shell can deliver a positive surprise and continue its recent upward trend.