Unusual Options Activity Fri 6/7/24

 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:

• BB June28 3.00 Calls (volume: 2174, open int: 1865, implied vol: ~96%, prev day implied vol: 71%). Co is expected to report earnings early July. Co is down 4% today. 
• CLSK June14 18.50 Calls (volume: 2341, open int: 1495, implied vol: ~96%, prev day implied vol: 82%). Co is expected to report earnings early August. 
• MBLY June21 32.00 Calls (volume: 2929, open int: 648, implied vol: ~65%, prev day implied vol: 57%). Co is expected to report earnings late July. Stock is up 11% in today's session. 

Bearish Put Activity: 

• DOCU June07 49.00 Puts (volume: 2839, open int: 1148, implied vol: ~37%, prev day implied vol: 35%). Co reported earnings and announced a $1 bln increase to share repurchase program yesterday. Stock is down 5% in today's session. 
• TMUS July05 180.00 Puts (volume: 2443, open int: 1034, implied vol: ~19%, prev day implied vol: 18%). Co is expected to report earnings late July. 

Sentiment: The CBOE Put/Call ratio is currently: 0.99, VIX: (12.28, -0.30, -2.38%). June 21 is options expiration -- the last day to trade June equity options