Unusual Options Activity Mon 11/25/24

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

• ACHR Weekly Nov29 7 calls are seeing interest with the underlying stock up 25% (volume: 2.9K, open int: 3.0K, implied vol: ~154%, prev day implied vol: 98%). We noted activity in the Dec 6 calls earlier this month (see 11/21 13:36 OPTNX). Co is expected to report earnings mid-February.
• OPEN Weekly Nov29 2.5 calls are seeing interest with the underlying stock up 16% (volume: 6.5K, open int: 1.2K, implied vol: ~108%, prev day implied vol: 82%). We noted activity in the Weekly Dec06 2 calls last week (see 11/22 13:26 OPTNX). Co is expected to report earnings late February.
• JOBY Weekly Nov29 9 calls are seeing interest with the underlying stock up 17% (volume: 3.8K, open int: 60, implied vol: ~109%, prev day implied vol: 99%). Co is expected to report earnings mid-February.
• NKE Weekly Nov29 82 calls (volume: 12.3K, open int: 950, implied vol: ~41%, prev day implied vol: 35%). Co is confirmed to report earnings December 19 after the close.
  

Bearish Put Activity

• KSS Weekly Nov29 15 puts are seeing interest with the underlying stock up 8% ahead of earnings tomorrow before the open (volume: 17.4K, open int: 2.3K, implied vol: ~71%, prev day implied vol: 57%). 15K traded in a single transaction.
• MPW Weekly Nov29 4.5 puts are seeing interest with the underlying stock up 15% (volume: 38.0K, open int: 53.9K, implied vol: ~68%, prev day implied vol: 60%). Co is expected to report earnings late February.
  

Sentiment: The CBOE Put/Call ratio is currently: 0.85, VIX: (15.60, +0.36, +2.4%).
December 20 is options expiration -- the last day to trade December equity options.

Unusual Options Activity Fri 2/2/24

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:

• CVNA Feb 43 calls (volume: 4510, open int: 1120, implied vol: ~125%, prev day implied vol: 93%). Co is expected to report earnings mid-February.
• BILL Feb 78 calls (volume: 2070, open int: 20, implied vol: ~74%, prev day implied vol: 65%). Co is confirmed to report earnings February 8 after the close.
• CVS Feb 75 calls (volume: 4140, open int: 210, implied vol: ~42%, prev day implied vol: 37%). Co is confirmed to report earnings February 7 before the open.
  

Bearish Put Activity:

• CNK Feb 13 puts (volume: 1790, open int: 0, implied vol: ~69%, prev day implied vol: 52%). Co is confirmed to report earnings February 16 before the open.
• MPW Feb 3 puts are seeing interest with the underlying stock down 4% (volume: 40.9K, open int: 6.3K, implied vol: ~101%, prev day implied vol: 97%). 20K traded in a single transaction. Co is expected to report earnings mid-February.
  

Sentiment: The CBOE Put/Call ratio is currently: 1.00, VIX: (13.98, +0.10, +0.7%).
February 16 is options expiration -- the last day to trade February equity options.

Unusual Options Activity, Wed 5/24/23

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:

• GLW May 32 calls (volume: 5870, open int: 10, implied vol: ~41%, prev day implied vol: 28%). 1300 contracts traded in a single transaction. Co is expected to report earnings late July.
• ETRN Oct 8 calls (volume: 210.3K, open int: 0, implied vol: ~54%, prev day implied vol: 46%). 100K traded in a single transaction. Co is expected to report earnings early August.
• MODG Jun 17.5 calls (volume: 8.5K, open int: 1.1K, implied vol: ~47%, prev day implied vol: 40%). Co is scheduled to present at a Topgolf Callaway Brands Virtual Investor Event on June 1. Co is expected to report earnings early August.
  

Bearish Put Activity:

• RY Jun 90 puts are seeing interest ahead of earnings tomorrow before the open (volume: 1930, open int: 140, implied vol: ~26%, prev day implied vol: 22%).
• MPW Jan24 8 puts (volume: 5310, open int: 300, implied vol: ~58%, prev day implied vol: 56%). 3400 contracts traded in a single transaction. Co announces prospect recapitalization transactions. Co is expected to report earnings early August.
  

Sentiment: The CBOE Put/Call ratio is currently: 1.00, VIX: (20.42, +1.89, +10.2%).