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:
- DOCU Jun 62 calls are seeing interest ahead of earnings tonight after the close (volume: 1820, open int: 460, implied vol: ~309%, prev day implied vol: 232%).
- AXL Oct 9 calls (volume: 1510, open int: 0, implied vol: ~43%, prev day implied vol: 39%). Co is expected to report earnings early August.
- FRO Jul 15 calls (volume: 2130, open int: 30, implied vol: ~44%, prev day implied vol: 40%). 2K traded in a single transaction. Co is expected to report earnings late August.
Bearish Put Activity:
- ARLO Jul 10 puts (volume: 8150, open int: 10, implied vol: ~48%, prev day implied vol: 41%). Co is expected to report earnings mid-August.
- ILMN Jun 200 puts (volume: 1500, open int: 0, implied vol: ~41%, prev day implied vol: 39%). Co is scheduled to present at a Third Annual Virtual ESG Investor Event on June 12. Co is expected to report earnings mid-August.
Sentiment: The CBOE Put/Call ratio is currently: 0.90, VIX: (13.63, -0.31, -2.2%).
June 16 is options expiration -- the last day to trade June equity options.
