Unusual Options Activity Mon 12/2/24

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

• OPTT Dec 1 calls are seeing interest with the underlying stock up 38% (volume: 12.4K, open int: 940, implied vol: ~429%, prev day implied vol: 123%). Co is expected to report earnings mid-February.
• KULR Dec 2 calls are seeing interest with the underlying stock up 31% (volume: 11.0K, open int: 2.6K, implied vol: ~301%, prev day implied vol: 198%). Co is expected to report earnings mid-February.
• AMC Weekly Dec06 5.5 calls are seeing interest with the underlying stock up 4% (volume: 16.0K, open int: 20.8K, implied vol: ~74%, prev day implied vol: 54%). 1840 contracts traded in a single transaction. Co set several company records during 5-day Thanksgiving holiday period. Co is expected to report earnings late February.
• RXRX Weekly Dec06 8 calls are seeing interest with the underlying stock up 9% (volume: 2.5K, open int: 340, implied vol: ~119%, prev day implied vol: 84%). Co is expected to report earnings mid-March.
  

Bearish Put Activity

• SOFI Weekly Dec06 16 puts are seeing interest with the underlying stock down 3% (volume: 7.9K, open int: 2.8K, implied vol: ~60%, prev day implied vol: 55%). Co is expected to report earnings early February.
  

Sentiment: The CBOE Put/Call ratio is currently: 0.86, VIX: (13.46, -0.05, -0.4%).
December 20 is options expiration -- the last day to trade December equity options.