Trade with Eva: Analytics in action >>

Friday, June 16, 2023

Unusual Options Activity, Fri 6/16/23

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:

  • KEY Jun 10 calls (volume: 2370, open int: 520, implied vol: ~102%, prev day implied vol: 63%). 1500 contracts traded in a single transaction. Co is confirmed to report earnings July 20 before the open.
  • CRNC Jul 40 calls are seeing interest with the underlying stock up 5% (volume: 2720, open int: 0, implied vol: ~59%, prev day implied vol: 46%). Co is expected to report earnings early August.
  • LVS Jun 61 calls (volume: 3190, open int: 80, implied vol: ~34%, prev day implied vol: 32%). 1300 contracts traded in a single transaction. Co is expecting to report earnings mid-July.
  • WBA Jun 32.5 calls (volume: 11.5K, open int: 200, implied vol: ~25%, prev day implied vol: 24%). Co is confirmed to report earnings Jun 27 before the open.

Bearish Put Activity:

  • PCG Jun 15 puts (volume: 1880, open int: 410, implied vol: ~25%, prev day implied vol: 22%). Co is expected to report earnings early August.
  • DBX Jun 25.5 puts (volume: 1500, open int: 350, implied vol: ~34%, prev day implied vol: 32%). Co is expecting to report earnings early August.

Sentiment: The CBOE Put/Call ratio is currently: 0.88, VIX: (13.74, -0.76, -5.2%).
Today is options expiration -- the last day to trade June equity options.

No comments:

Post a Comment