Unusual Options Activity Fri 1/31/25

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

• CELH Weekly Jan31 27 calls (volume: 6.6K, open int: 8.0K, implied vol: ~79%, prev day implied vol: 62%). We noted activity in the weekly Jan31 26 calls earlier this week (See 1/29 13:39 OPTNX). Co is expected to report earnings late February.
• CVNA Weekly Jan31 260 calls (volume: 13.3K, open int: 1.4K, implied vol: ~75%, prev day implied vol: 69%). 1,2K traded in a single transaction. Co is confirmed to report earnings February 19 after the close.
• FCX Weekly Feb07 38 calls (volume: 14.6K, open int: 5.5K, implied vol: ~35%, prev day implied vol: 32%). 5.2K traded in a single transaction. Stock was downgraded to Hold from Buy at Argus.  Co is expected to report earnings mid-April.
  

Bearish Put Activity

• LYFT Weekly Jan31 13.5 puts (volume: 8.3K, open int: 11.6K, implied vol: ~87%, prev day implied vol: 59%). Co is confirmed to report earnings February 11 after the close.
• F Weekly Jan31 10 puts (volume: 11.5K, open int: 35.8K, implied vol: ~42%, prev day implied vol: 36%). Co is confirmed to report earnings February 5 after the close.
  

Sentiment: The CBOE Put/Call ratio is currently: 0.69, VIX: (14.94, -0.90, -5.7%).
February 20 is options expiration -- the last day to trade February equity options.

This week's biggest % winners & losers : Feb 6 - 10, 23 (wk 6)

The following are this week's top percentage gainers and losers, categorized by sectors (over $300 mln market cap and 100K average daily volume).

This week's top % gainers

• Healthcare: OMER (5.05 +63.43%), CSII (19.73 +34%), CTLT (70.62 +25.99%), GLYC (3.46 +11.81%)
• Industrials: BLBD (19.92 +33.24%), ARCB (100.6 +16.03%), NVT (44.62 +10.86%)
• Information Technology: NEWR (76.00 +17.52%), FTNT (59.55 +12.36%), MMS (83.93 +12.12%), AYX (63.16 +11.35%)
• Financials: EHTH (9.00 +21.46%)
• Energy: DHT (10.34 +22.08%), NGL (2.09 +20.81%), BP (40.74 +15.89%), STNG (57.37 +14.39%), EQNR (33 +13.36%)

This week's top % losers

• Healthcare: GMED (59.84 -24.85%), CGC (2.28 -21.91%), NVTA (2.09 -20.23%)
• Industrials: AZUL (5.1 -24.67%), BV (6.51 -22.5%), GOL (2.43 -19.97%)
• Consumer Discretionary: CPRI (50.06 -26.34%), CVNA (10.93 -24.39%), BBBY (2.37 -22.3%), FOSL (4.47 -20.83%), CHGG (16.94 -20.64%), SFIX (4.19 -20.44%), GRPN (7.09 -19.25%)
• Information Technology: LYFT (10.31 -40.68%), TWOU (9.86 -23.03%)

==Lyft (LYFT) reported earnings on Thur 9 Feb 23 (a/h)

 

Lyft misses by $0.89, beats on revs, Active Riders up 8.7%; guides Q1 revs below consensus, says guidance reflects seasonality and lower prices, and "different insurance renewal timing"

• Reports Q4 (Dec) loss of $0.76 per share, $0.89 worse than the S&P Capital IQ Consensus of $0.13; revenues rose 23.7% year/year to $1.2 bln vs the $1.15 bln S&P Capital IQ Consensus.
• Under our updated non-GAAP calculation, Adjusted EBITDA was a negative $248.3 million versus a negative $47.6 million in the fourth quarter of 2021 and a negative $26.7 million in the third quarter of 2022.
• Relative to guidance, Adjusted EBITDA was a positive $126.7 million, exceeding the high end of outlook of $80 to $100 million.
• Disclosure Update: "We have revised the calculations of our non-GAAP financial measures to include insurance reserve adjustments for prior periods. In December, the SEC updated its guidance related to non-GAAP financial measures, which applies to all public companies. Subsequent to this change and following consultation with the SEC, we have updated our disclosures for the fourth quarter of 2022 and we have presented past periods on a comparable basis."
• Active Riders increased 8.7% to 20.36 mln.
• Co issues downside guidance for Q1, sees Q1 revs of $975 mln vs. $1.1 bln S&P Capital IQ Consensus. Sees adjusted EBITDA of $5-$15 mln.
• "In Q4 we achieved the highest revenues in our company's history and we outperformed guidance on Adjusted EBITDA excluding the action we took to strengthen our insurance reserves," said Elaine Paul, chief financial officer of Lyft. "Our Q1 guidance is the result of seasonality and lower prices, including less Prime Time. Additionally, our different insurance renewal timing puts differently timed pressure on our P&L. We are not waiting for that to normalize to achieve competitive service levels. We are focused on driving greater growth and profitability."

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

Lyft (LYFT) reported earnings on Mon 7 Nov 22 (a/h)

 ** charts before earnings **

 

** charts after earnings **

 

 

 

 

Lyft beats by $0.02, reports revs in-line, adjusted EBITDA of $66.2 mln, ahead of its guidance; guides Q4 revs in-line, guides for adjusted EBITDA of $80-$100 mln

• Reports Q3 (Sep) earnings of $0.10 per share, $0.02 better than the S&P Capital IQ Consensus of $0.08; revenues rose 21.9% year/year to $1.05 bln vs the $1.06 bln S&P Capital IQ Consensus.
• Adjusted EBITDA for Q3 2022 was $66.2 million versus $67.3 million in the third quarter of 2021 and versus $79.1 million in the second quarter of 2022. Adjusted EBITDA for Q3 2022 exceeded the Company's outlook of $55-$65 mln.
• Active Riders increased 7.2% to 20.3 mln.
• Co issues in-line guidance for Q4, sees Q4 revs of $1.145-$1.165 bln vs. $1.16 bln S&P Capital IQ Consensus. Sees Adj. EBITDA of $80-$100 mln.

Earnings this week : Nov 7 - 11, 22 (wk 45)

Monday (Nov 7)

• Morning:  AMG BLDP BNTX WHD CHH CRON DK WTRG FNV HAE HLIO DINO HEP NI NRG PLTR RBA FOUR THS VTRS
• Afternoon: ME TWOU AAON ACCO ATVI ADTN LNT AEL AMWL ASH BNFT BHF BWXT CBT CERT DHT FANG DOCN DIOD EHTH FN FGEN FIVN FLGT GRPN HIMS ICUI IFF LGND LPSN LYFT MTW DOOR MLNK MOS MWA NSTG NFE OSH PACB PRDO PRIM QTWO QGEN ROVR SANM SWAV SEDG TTWO TASK TDC TRIP UIS VECO VNOM WELL XNCR YMAB

Tuesday (Nov 8)

• Morning: ACRS AHCO BSY BLDR CG CLVT CNHI CEG COTY CYXT DBD DD ELAN EXK EVBG EVRI EXPD FA GFS HAIN HSKA IGT RIDE LITE MNKD NEO NXST NWN NCLH NOVT PKI PRGO PLNT PLTK PRTY RCM RETA REYN SAGE SCSC SSP SQSP STVN SPWR SHO SKIN TAC TGI
• Afternoon:  DDD ABCL AFRM AKAM ALRM BIRD AMC DOX AMRS ANGI ARLO ARRY AXON BLNK  CLNE CRCT DAR DV EBS ENV EOLS FNF FLYW GMED GDRX GO GXO HALO HCAT HRTX ICHR IOSP INO IAC NVTA JKHY LMND LFST RAMP LCID MASI MRTX MO CARG DN MRC NTRA NHI NEWR NWSA KIND NOG NLOK NVAX OXY OPK OSUR PLUG PRI PRA PUBM SEER SILK SRC SFM SUPN SG TWO UPST VSAT WTI DIS XENE ZD

Wednesday (Nov 9)

• Morning:  DIBS ALE BGNE BHG CGC CPRI CEVA GIB DHI EBIX AG FVRR HBI HR HL HGV IMXI IONS KRNT LTH MIDD NOMD OLPX PAR PFGC PERI RDNT RSKD RBLX RCI SEAS SPTN STWD STER TBLA TRP TGNA TTD COCO TPG VCEL VERX WD WEN WWW
• Afternoon:  ACVA APP ATO BGS BYND BMBL CELH CDE CPNG DM APPS BROS EGIO ENS FICO FORG G GDOT IPAR JXN JAMF JAZZ KGC LNW MGNI MFC MQ NVTS NUVA OLO PAAS PAY PAYO PETQ PLBY PRPL RXT RDFN RPAY RNG RIVN STE STKL TTGT TTEK COOK TTEC U VZIO VUZI WYNN ZIMV ZIP

Thursday (Nov 10)

• Morning: MT AZN AZUL BDX BAM CAE DGII EPC GENI HIMX IAA KELYA SWIM NABL EYE NICE NIO PSFE PGTI PRMW RL RBC SBH SHCR SIX SSYS SLVM TPR TDG USFD UTZ WRBY WRK WE WIX YETI
• Afternoon:  AGTI LFG BBDC BZH CDRE COMP CCSI LAW DOCS DUOL EDR EXFY FIGS FLO INDI LZ MCW MTTR POSH RYAN SWIR SMRT TOST VTEX

Friday (Nov 11)  

• Morning:  AQN

Lyft (LYFT) reported earnings on Wed 7 Aug 19 (a/h)