Trade with Eva: Analytics in action >>

Saturday, April 15, 2023

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:

  • FTCH Apr 4.5 calls (volume: 8030, open int: 750, implied vol: ~128%, prev day implied vol: 90%). 2650 contracts traded in a single transaction. Co is expected to report earnings late May.
  • DBRG Jan24 15 calls (volume: 22.8K, open int: 0, implied vol: ~63%, prev day implied vol: 56%). 4580 contracts traded in a single transaction. Co is scheduled to present at a Datacloud Global Congress on April 25. Co is confirmed to report earnings May 3 before the open.
  • SABR Oct 5 calls (volume: 7000, open int: 0, implied vol: ~65%, prev day implied vol: 60%). Co is expected to report earnings early May.

Bearish Put Activity:

  • LCID Apr 7.5 puts are seeing interest with the underlying stock down 6% (volume: 8120, open int: 400, implied vol: ~154%, prev day implied vol: 91%). Co says it produced 2,314 vehicles during Q1 at its manufacturing facility in Arizona and delivered 1,406 vehicles during the same period. Co is confirmed to report earnings May 8 after the close.
  • CHWY Apr 34 puts (volume: 2260, open int: 220, implied vol: ~71%, prev day implied vol: 58%). Co is expected to report earnings early May,

Sentiment: The CBOE Put/Call ratio is currently: 0.92, VIX: (17.88, +0.08, +0.5%).
April 21 is options expiration -- the last day to trade April equity options.

No comments:

Post a Comment