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Thursday, December 14, 2023

Unusual Options Activity Thur 12/14/23

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:

  • GS Dec 385 calls (volume: 8140, open int: 2, implied vol: ~35%, prev day implied vol: 28%). Underlying stock is higher by 6%. Co is confirmed to report earnings January 16 before the open.
  • CG Jan24 45 calls (volume: 2640, open int: 0, implied vol: ~29%, prev day implied vol: 22%). Underlying stock is higher by 7%. Co is expected to report earnings early February.
  • INFY Jan24 19 calls (volume: 1670, open int: 0, implied vol: ~27%, prev day implied vol: 22%). Underlying stock trading higher by 5%.

Bearish Put Activity:

  • SEDG Dec 91 puts (volume: 2390, open int: 3, implied vol: ~127%, prev day implied vol: 61%). Underlying stock trading higher by 16%. Co is expected to report earnings mid-February.
  • BHC Jan24 6 puts (volume: 9040, open int: 0, implied vol: ~77%, prev day implied vol: 67%). Co is expected to report earnings late February.

Sentiment: The CBOE Put/Call ratio is currently: 1.01, VIX: (12.36, +0.17, +1.4%).
December 15 is options expiration -- the last day to trade December equity options.

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