Unusual Options Activity

The following options are exhibiting notable trading, potentially indicating changing sentiment toward the underlying stocks, and/or potentially representing positioning for increased volatility.

 

Bullish Call Activity:

• MRVL Mar 47.5 calls are seeing interest ahead of earnings tonight after the close (volume: 1770, open int: 40, implied vol: ~163%, prev day implied vol: 127%). Co is presenting at two conferences in March.
• MP Mar 35 calls are seeing interest with the underlying stock down 12% (volume: 1610, open int: 370, implied vol: ~59%, prev day implied vol: 52%). Co is expected to report earnings early May.
• SU Mar 37 calls (volume: 11.6K, open int: 10, implied vol: ~33%, prev day implied vol: 32%). 1700 contracts traded in a single transaction. Co is expected to report early May.
  

Bearish Put Activity:

• UPST Mar 16.5 puts are seeing interest with the underlying stock down 5% (volume: 3570, open int: 280, implied vol: ~112%, prev day implied vol: 101%). 1100 contracts traded in a single transaction. Co is expected to report earnings early May.
• JNJ Mar 150 puts (volume: 2150, open int: 220, implied vol: ~25%, prev day implied vol: 23%). Co is scheduled to present at two conferences in March. Co is confirmed to report earnings April 18 before the open.