Unusual Options Activity Thur 8/8/24

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:

• CHWY Weekly Aug09 23 calls are seeing interest with the underlying stock up 5% (volume: 4.8K, open int: 920, implied vol: ~84%, prev day implied vol: 61%). Co is expected to report earnings late August.
• NIO Aug 3.5 calls are seeing interest with the underlying stock up 4% (volume: 2.7K, open int: 570, implied vol: ~77%, prev day implied vol: 71%). Co is expected to report earnings late September.
• BIDU Aug 90 calls are seeing interest with the underlying stock up 5% (volume: 3.0K, open int: 6.3K, implied vol: ~46%, prev day implied vol: 44%). Co is confirmed to report earnings August 22 before the open.
• OXY Weekly Aug09 58 calls are seeing interest with the underlying stock up 5% (volume: 4.9K, open int: 3.9K, implied vol: ~25%, prev day implied vol: 24%). Co reported earnings last night.
  

Bearish Put Activity:

• BMBL Aug 3.5 puts are seeing interest with the underlying stock down 31% (volume: 2.6K, open int: 0, implied vol: ~69%, prev day implied vol: 60%). Co reported earnings last night.
  

Sentiment: The CBOE Put/Call ratio is currently: 1.06, VIX: (25.72, -2.33, -7.7%).
August 16 is options expiration -- the last day to trade August equity options.