===ChargePoint (CHPT) reported earnings on Wed 6 June 24 (a/h)

 

 ChargePoint beats by $0.02, beats on revs; guides Q2 revs below consensus 

• Reports Q1 (Apr) loss of ($0.17) per share, $0.02 better than the FactSet Consensus of ($0.19); revenues fell 17.7% year/year to $107.04 mln vs the $105.84 mln FactSet Consensus.
• Co issues downside guidance for Q2 (Jul), sees Q2 revs of $108-118 mln vs. $121.53 mln FactSet Consensus.
• For the fourth quarter of fiscal year 2025 ending January 31, 2025, the Company reaffirms its goal to achieve positive non-GAAP Adjusted EBITDA.

Unusual Options Activity Thur 9/21/23

 

Stocks seeing volatility buying (bullish call buying/bearish put buying):

Calls:

• RPTX Oct 15 calls are seeing interest with 165 contracts trading vs. open int of 1990, pushing implied vol up around 11 points to ~122.91%
  
• SNDX Oct 20 calls are seeing interest with 250 contracts trading vs. open int of 6270, pushing implied vol up around 3 points to ~165.16%. The Co will report its next earnings in November

Puts:

• HE Oct 7.50 puts are active with 380 contracts trading vs. open int of 2610, pushing implied vol down around 24 points to ~138.99%. Shares have been under fire following Maui fire fallout
  
• CHPT Oct 7 puts are active with 110 contracts trading vs. open int of 28110, pushing implied vol down around 26 points to ~113.78%. The Co will report its next earnings in December

Sentiment: The CBOE Put/Call ratio is currently: 0.96, VIX: (16.38, +1.24, +8.19%).
October 20 is options expiration -- the last day to trade October equity options.

Unusual Options Activity Tue 8/8/23

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:

• DELL Aug 56 calls are seeing interest with the underlying stock up 6% (volume: 2300, open int: 30, implied vol: ~43%, prev day implied vol: 25%). Co is confirmed to report earnings August 31 after the close.
• CHPT Aug 8 calls (volume: 17.2K, open int: 1850, implied vol: ~84%, prev day implied vol: 69%). 15K traded in a single transaction. Co is expected to report earnings late August.
• PBI Oct 4 calls (volume: 1510, open int: 10, implied vol: ~52%, prev day implied vol: 46%). 1500 contracts traded in a single transaction. Co is expected to report earnings early November.
  

Bearish Put Activity:

• M Aug 15.5 puts (volume: 5040, open int: 170, implied vol: ~50%, prev day implied vol: 43%). Co is confirmed to report earnings August 22 before the open.
• SMG Aug 60 puts (volume: 3210, open int: 1820, implied vol: ~25%, prev day implied vol: 22%). Co is expected to report earnings early November.
  
  

Sentiment: The CBOE Put/Call ratio is currently: 1.03, VIX: (17.44, +1.67, +10.6%).
August 18 is options expiration -- the last day to trade August equity options.

Unusual Options Activity, Tue 6/20/23

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:

• CHPT June 9 calls are seeing interest with the underlying stock down 8% (volume: 8630, open int: 3750, implied vol: ~96%, prev day implied vol: 64%). Co is expected to report earnings late August.
• ETSY Jun 100 calls (volume: 10.2K, open int: 120, implied vol: ~61%, prev day implied vol: 46%). Co approves repurchase of up to $1 bln in common stock. Co is expected to report earnings late July.
• QCOM Jun 130 calls (volume: 3280, open int: 3830, implied vol: ~46%, prev day implied vol: 31%). Co is expected to report earnings early August.
  

Bearish Put Activity:

• PBR Jan25 10 puts (volume: 2410, open int: 0, implied vol: ~43%, prev day implied vol: 27%). Co is scheduled to present at a investor day on Dec 1. Co is expected to report earnings mid-August.
  

Sentiment: The CBOE Put/Call ratio is currently: 0.82, VIX: (14.22, +0.03, +0.2%).
July 21 is options expiration -- the last day to trade July equity options.

Unusual Options Activity, Wed 5/17/23

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:

• IQ May 6 calls (volume: 15.5K, open int: 3560, implied vol: ~109%, prev day implied vol: 92%). 3500 contracts traded in a single transaction. Co is expected to report earnings mid-June.
• FHN Jun 10 calls are seeing interest with the underlying stock up 5% (volume: 1500, open int: 0, implied vol: ~69%, prev day implied vol: 62%). Co is expected to report earnings mid-July.
• CRDO Aug 10 calls are seeing interest with the underlying stock up 10% (volume: 1960, open int: 0, implied vol: ~55%, prev day implied vol: 52%). Co is confirmed to report earnings May 31 after the close.
  

Bearish Put Activity:

• TAP May 62.5 puts (volume: 1890, open int: 640, implied vol: ~34%, prev day implied vol: 26%). Co is expected to report early earnings August.
• CHPT May 7.5 puts (volume: 20.2K, open int: 840, implied vol: ~75%, prev day implied vol: 71%).  We noted put activity yesterday (see 5/16 13:17). 20K traded in a single transaction. Co is confirmed to report earnings June 1 after the close.
  

Sentiment: The CBOE Put/Call ratio is currently: 0.94, VIX: (17.10, -0.90, -5.0%).
This week is options expiration -- Friday, May 19th is the last day to trade May equity options.