Unusual Options Activity Wed 5/15/24

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:

• JMIA Weekly May24 7.5 calls (volume: 11.0K, open int: 790, implied vol: ~107%, prev day implied vol: 88%). Co is expected to report earnings early August.
• CLSK Weekly May24 17 calls are seeing interest with the underlying stock up 7% (volume: 1590, open int: 1790, implied vol: ~97%, prev day implied vol: 82%). Co is expected to report earnings early August.
• SNOW May 165 calls (volume: 8810, open int: 4890, implied vol: ~61%, prev day implied vol: 47%). Co is confirmed to report earnings May 22 after the close.
  

Bearish Put Activity:

• DOCS June 20 puts are seeing interest ahead of earnings tomorrow after the close (volume: 11.5K, open int: 7.8K, implied vol: ~104%, prev day implied vol: 58%). 2000 contracts traded in a single transaction.
• BB May 4 calls are seeing interest with the underlying stock down 9% (volume: 8650, open int: 23.9K, implied vol: ~112%, prev day implied vol: 76%).
  

Sentiment: The CBOE Put/Call ratio is currently: 0.90, VIX: (12.71, -0.70, -5.2%).
May 17 is options expiration -- the last day to trade May equity options.

===Doximity (DOCS) reported earnings on Tue 8 Aug 23 (a/h)

 

Doximity beats by $0.05, beats on revs; guides Q2 revs below consensus; guides FY24 revs below consensus

• Reports Q1 (Jun) earnings of $0.19 per share, excluding non-recurring items, $0.05 better than the FactSet Consensus of $0.14; revenues rose 19.7% year/year to $108.47 mln vs the $107 mln FactSet Consensus.
• Co issues downside guidance for Q2 (Sep), sees Q2 revs of $108.5-109.5 mln vs. $121.25 mln FactSet Consensus.
• Co issues downside guidance for FY24 (Mar), sees FY24 revs of $452-468 mln, down from $500-506 mln, vs. $501.61 mln FactSet Consensus.

Earnings this week : Aug 7 - 11, 23 (wk 32)

Monday (Aug 7)

• Morning:  ACRS ADTN  RCUS BNTX DK ELAN FRPT GENI GOGO HSIC KKR THS TSN VTRS
• Afternoon: ACVA   ACM AYX AEL ARWR BRBR BYND CBT WHD CSWC CE CHGG COMP CXW CTRA WTRG EVCM FGEN FIVN FSK HLIO HPK HIMS ICUI INGN IFF JRVR JELD KMPR KD LCID MTW MNKD MRVI MED MRC NSA OKE PLTR PARA PAY PWSC PRAA PRI PRIM RNG RXST SWAV SWKS SRC TDC VECO

Tuesday (Aug 8)

• Morning: MASS AHCO ADT ALE ARMK ATKR GOLD BSY TECH BLUE BR CPRI CLBT CRNC CHH DDOG DUK DEA EHTH LLY EMBC EXK ENR NPO EVBG EXPD FOXA GLBE GFS HAE HR HLMN HNI HZNP INGR IRWD J SWIM LCII LI MAC MPW NYT NXST NOVT NVAX OLPX OGN PAYO PRGO PLTK RDNT QSR SEE SEAS MCRB SMRT SQSP STER TGLS TWKS TPG TDG UAA UPS WMG WOW ZTS
• Afternoon:  ME TWOU EGHT ACCO AGTI AKAM BIRD AMC AMPL ANGI ARRY AXON AZEK AZTA BW BBAI BL BLNK BHF BMBL CDRE CDNA CELH CPNG CRCT CTOS CUTR DAR DHT APPS DIOD BOOM DOCS DUOL BROS EBS EDR ESE EXFY FATE FNF FLT FLYW FNV GO HALO HCAT HL HRT HNST TWNK HBM IAC ICHR IOSP PODD IPAR NVTA IOVA IRBT JXN JAMF KLIC LZ LGND LNW LPSN LAZR LYFT MQ MASI DOOR MTTR MRTX MODN NHI LPRO OSCR PETQ PRA PUBM QGEN QDEL RXT RPD RLAY RVNC RVMD RIVN STR SLF SMCI SUPN TTWO TALO TTGT TOST MODG TWLO USPH UPST VVX VCYT VTLE VZIO VTEX VUZI WES ZIP

Wednesday (Aug 9)

• Morning:  DIBS DDD ATMU AVNS BLDP BERY BCO CAE CEVA CRL DCPH EBIX EVRI FA GEO GDRX INSW IONS JACK KRNT LFST LL NOMD ODP OGE OLK PENN REYN RBLX SHCR SSYS SLVM TBLA SKIN VVV VERX VSH WRBY WEN WE XMTR
• Afternoon:  ALRM AOSL APP AVTA AVID BBDC CACI CERT CLNE CDE CPA CYRX LAW ENS G HROW ILMN INFN JAZZ LGF.A RAMP MGNI MFC OEC ONL PAAS PAR PLUG PTRA PRPL QNST RPAY SONO SOVO STKL TASK TTEK TTD VRRM VSAT DIS WYNN XENE

Thursday (Aug 10)

• Morning: AQN BABA AIT AZUL CYBR HBI HIMX HLLY IMCR KELYA DNUT NABL EYE PRMW RL SIX USFD UTZ WKME WWW YETI
• Afternoon:  ATGE ARLO RCEL FLO INDI NWSA ONTO SVV VTYX VIAV WPM YMAB

Friday (Aug 11)  

• Morning:  SPB

Doximity (DOCS) reported earnings on Thur 9 Feb 23 (a/h)

 ** charts before earnings **

** charts after earnings **

 

 

 

 

Doximity beats by $0.05, beats on revs; guides Q4 revs below consensus, provides preliminary guidance for FY24 

• Reports Q3 (Dec) earnings of $0.22 per share, $0.05 better than the S&P Capital IQ Consensus of $0.17; revenues rose 17.8% year/year to $115.3 mln vs the $111.47 mln S&P Capital IQ Consensus.
• Co issues downside guidance for Q4, sees Q4 revs of $109.6-$110.6 mln vs. $122.19 mln S&P Capital IQ Consensus. Adjusted EBITDA between $45.2 million and $46.2 million.re
  • Provides preliminary guidance for FY24. Sees revenue greater than $500 compared to S&P Capital IQ Consensus of $523.6 mln. Sees Adjusted EBITDA margin of 43% or greater.

Earnings this week : Feb 6 - 10, 23 (wk 6)

Monday (Feb 6)

• Morning:  AMG CNA CMI ENR IDXX NBIX ON TKR TSN
• Afternoon: ATVI ACM AOSL BRBR CHGG CINF DIOD FN KMT KFRC LEG NOV PINS POWI RMBS SPG SSD SKY SWKS SAVE TTWO UDR VRNS ZI

Tuesday (Feb 7)

• Morning: ADNT AGCO ARMK ARCC BP BV CG CARR CTLT CNC CTS DCPH DD FISV IT GPK HAE HAIN HLNE HTZ INCY J KKR LIN MAC MBUU MSGS NVT OMF PINC RCL SCSC SPR TDG VVV XYL
• Afternoon:  AMCR AIZ ATO BKH CSL CMG CNO CCK DEI EGP EHC ENPH ESS EEFT EXEL FMC FTNT FRSH HRB PEAK HIW HMN ICHR ILMN INSP JKHY RAMP LUMN MODN NCR NEWR OMC PAYC PRU QGEN RRR RXO SIMO SSNC TENB VFC VRTX VSAT VOYA WERN WU YUMC ZWS

Wednesday (Feb 8)

• Morning:  BDC BXMT BG CPRI CDW CRNC CME COHR COTY CRTO CVS D ETN EPC EMR FOXA GPRE INGR NYT PAG PFGC PERI RDWR REYN RITM SITC TRMB UBER VSH YUM
• Afternoon:  ME AEIS AFRM AB NLY APP ASGN AVB ACLS AZEK CDAY CXW DHT APPS ENS NVST EFX EQH EQC ESE RE FRT FR FLT FLNC FORM FWRD ULCC GT HI HPP PI IFF FROG LNC MAT MMS MGM MC MOH MPWR ORLY PTEN PYCR PDM PPC PAA QNST RDN RPD REXR HOOD SON SONO STE STC SLF THC TTMI TWO DIS WTS XPO

Thursday (Feb 9)

• Morning: ABBV APO MT ARES AZN BAX BWA BRKR CCJ CGC CSII CIGI CYBR DBD DUK ESMT FAF GTES HLT HIMX HII NSIT NSP IPG ITT K KIM LITE MAS MDU MSGE NNN PATK PEP PM PDS RL SPGI SEE SSTK SWI TPR TTGT TU TPX TRI WMG WEX WTW
• Afternoon:  AYX BE BHF CBT CC NET ROAD OFC CRSR COUR CUZ DXCM DOCS EQR EXPE FLO G KN LGF.A LYFT MTD MHK MSI NWSA ONTO OSCR PYPL PECO PRO QLYS RBC REG SPSC STEP TEX MODG VTR VRSN YELL YELP

Friday (Feb 10)  

• Morning:  ENB ESNT FTS GPN IQV MGA COOP NWL PRLB SXT SPB SLVM WPC

-=Doximity (DOCS) reported earnings on Tue 8 Feb 22 (a/h)

• Reported upside Q3 results. Issued upside guidance for FY23 revs, calling for growth of approx. +33% excluding the acquisition of on-call physician scheduling site Amion, a transaction that co announced alongside its earnings press. At two-month highs. 

Doximity beats by $0.17, beats on revs; guides MarQ revs in-line; guides FY23 revs above consensus

• Reports Q3 (Dec) earnings of $0.29 per share, excluding non-recurring items, $0.17 better than the S&P Capital IQ Consensus of $0.12; revenues rose 66.7% year/year to $97.88 mln vs the $86.27 mln S&P Capital IQ Consensus.
• Co issues in-line guidance for Q4 (Mar), sees Q4 revs of $89-90 mln vs. $89.22 mln S&P Capital IQ Consensus.
• Co issues upside guidance for FY23, sees FY23 revs of $450 mln vs. $425.37 mln S&P Capital IQ Consensus.

Earnings this week : Feb 7 - 11, 2022 (wk 6)

Monday (Feb 7)

• Morning:  AMG CRNC CNA ENR GTES HAS ON TSN ZBH
• Afternoon: ACM AOSL AMGN ACLS BRX CHGG DHT KMT KFRC LEG NUAN PDM PFG RMBS SLQT SPG SSD SNCY TTWO THC TDC VRNS

Tuesday (Feb 8)

• Morning: AGCO ARMK AVNT BP CARR CVE CNC CNHI COTY CTS DD EPC FISV IT HAE HOG INCY KKR LEA MBUU MAS NRZ NVT PFE POLY SPGI SYY TMHC TRI TDG VIRT VSH WMG
• Afternoon:  ATGE AIZ ATO AZTA CMG CNO CMP CRSR CCK DCPH APPS DEI DOCS EGP ENPH ESE FLT FMC GFS PEAK HIW HUBG ICHR INSP JKHY LBRT LYFT MNDT MODN NCR NEWR OMC ONTO PAYC PTON QGEN QNST SCSC SAVE STEP STE TRMB TSE UDR VVV VREX VOYA XPO YUMC

Wednesday (Feb 9)

• Morning:  ARCC AVYA BDC BXMT BG CCJ CGC CDW CHEF CME CRTO CVS FOXA HMC IIVI LAD MSGE NNN PAG PFGC RDWR REYN SITC TEVA TGI YUM
• Afternoon:  TWOU AEIS AFG NLY ACGL ASGN BKH CDAY CHX CPA CXW DCP DIOD ENS NVST EQT EFX EQC EEFT RE FR FLNC FWRD ULCC GFL PI IFF IRBT ITT KN RAMP LUMN MFC MAT MDU MESA MGM MC MOH MSI ORLY PEP PPC PAA RPD REXR SGEN SONO SPSC SLF TTMI TWLO TWO UBER UDMY VMEO DIS WTS ZNGA

Thursday (Feb 10)

• Morning: ALNY MT AZN CAMT GOOS ECOM KO CIGI CYBR DDOG DBD DTE DUK FAF GPN GPI HRI HII INMD NSIT IPG K KIM LH LCII LECO LIN MAC MLM MCO PATK PTEN PBF BTU PCG PM PIPR PDS ROLL SSTK SON TPR TTGT TU TUFN TWTR WSO WEX ZBRA
• Afternoon:  ME AFRM AVLR BIO BL BE BHF ELY CSL CC NET COHU CFLT OFC COUR DVA DXCM EQH EXPE FRT FE FLO FRSH GDDY HUBS ILMN NSP FROG MTD MHK MNTV MPWR NWE PRO QLYS REG RSG SSNC TEX RARE UPWK VRSN VCRA WU YELP ZEN ZG

Friday (Feb 11)  

• Morning:  AB AXL APO ARES BRKR CAE CLF D ENB ESNT FTS G GT GPRE IAA MGA COOP NBIX NWL NMRK PRLB SXT UAA WPC