Options News
TMC the metals company Inc. (TMC) Call Prices Surge as Deep-Sea Mining Stock Breaks Above $7
Upside option positions are delivering exceptional profits in TMC the metals company Inc. (TMC). On June 16, Market Rebellion’s Unusual Activity service identified the purchase of 2,000 July $6 call options at $0.35-$0.40 per contract, with TMC shares trading at $5.17-$5.26, significantly exceeding the strike’s previous open interest of 1,524 contracts. Those July $6 calls have […]
Upside option positions are delivering exceptional profits in TMC the metals company Inc. (TMC).
On June 16, Market Rebellion’s Unusual Activity service identified the purchase of 2,000 July $6 call options at $0.35-$0.40 per contract, with TMC shares trading at $5.17-$5.26, significantly exceeding the strike’s previous open interest of 1,524 contracts.
Those July $6 calls have traded as high as $1.72 today with the stock at $7.28, delivering impressive returns of approximately 330.00% to 391.43% from the initial entry price range of $0.35-$0.40. Meanwhile, TMC shares have gained approximately 38.37% to 40.81% from their initial trading range around $5.17-$5.26, demonstrating how options can deliver significantly amplified returns compared to simply owning the underlying stock.
This performance illustrates the power of options leverage when the directional thesis proves correct, though it’s important to note that this same leverage can work against traders when market moves go in the opposite direction.
TMC’s subsidiary NORI is preparing for a critical June 27, 2025 submission date for its ISA exploitation application, representing a key regulatory milestone for the company’s deep-sea mining operations.
TMC the metals company specializes in the collection and processing of polymetallic nodules from the deep seafloor to produce critical battery metals including nickel, copper, cobalt, and manganese. The company is positioned to supply critical minerals essential for the U.S. energy transition through its innovative deep-seabed mining technology.
TMC was last trading this session at $6.73, up 23.71% on the day and up significantly from the $5.17-$5.26 level when the original call activity was spotted.
