Unusual Options Activity Thur 2/1/24

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:

• BMY Feb 50 calls are seeing interest ahead of earnings tomorrow before the open (volume: 2020, open int: 550, implied vol: ~97%, prev day implied vol: 80%).
• DHT Jul 13 calls are seeing interest with the underlying stock 5% (volume: 1500, open int: 0, implied vol: ~40%, prev day implied vol: 31%). Co is confirmed to report earnings February 6 after the close.
• iShares Lehman MBS ETF (MBB) Mar 94 calls (volume: 10.0K, open int: 0, implied vol: ~8%, prev day implied vol: 7%). 6000 contracts traded in a single transaction/
  

Bearish Put Activity:

• FITB Feb 31 puts (volume: 2910, open int: 0, implied vol: ~42%, prev day implied vol: 30%). Co is expected to report earnings mid-April.
• CIVI Mar 62.5 puts (volume: 2020, open int: 0, implied vol: ~37%, prev day implied vol: 31%). Co is confirmed to report earnings February 27 after the close.
  

Sentiment: The CBOE Put/Call ratio is currently: 0.92, VIX: (14.05, -0.30, -2.1%).
February 16 is options expiration -- the last day to trade February equity options.