Unusual Options Activity, Mon 6/12/23

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:

• NCLH Jun 18 calls are seeing interest with the underlying stock up 8% (volume: 7610, open int: 330, implied vol: ~60%, prev day implied vol: 44%). Co is expected to report earnings early August.
• SAVE Jul 17.5 calls (volume: 2100, open int: 230, implied vol: ~34%, prev day implied vol: 25%). Co is expected to report earnings early August.
• K Jun 65 calls (volume: 3500, open int: 0, implied vol: ~25%, prev day implied vol: 17%). Co is scheduled to present at a Evercore conference on Thursday, June 15. Co is confirmed to report earnings August 3 before the open.
  

Bearish Put Activity:

• ZION Jun 31 puts (volume: 1990, open int: 170, implied vol: ~77%, prev day implied vol: 55%). Co is scheduled to present at a Morgan Stanley conference tomorrow. Co is confirmed to report earnings July 19 after the close.
• DAL Jun 39.5 puts (volume: 2570, open int: 710, implied vol: ~34%, prev day implied vol: 29%). Co is expected to report earnings mid-July.
  

Sentiment: The CBOE Put/Call ratio is currently: 0.84, VIX: (14.52, +0.69, +5.0%).
This week is options expiration -- Friday, June 16th is the last day to trade June equity options.