Unusual Options Activity Fri 4/12/24

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:

• MRSN Aug 5 calls (volume: 3550, open int: 0, implied vol: ~180%, prev day implied vol: 138%). Co is expected to report earnings early May.
• CDE Apr 5.5 calls (volume: 9130, open int: 160, implied vol: ~109%, prev day implied vol: 81%). 7250 contracts traded in a single transaction. Co is confirmed to report earnings May 1 before the open.
• RIG Jun 5 calls (volume: 6020, open int: 10, implied vol: ~71%, prev day implied vol: 64%). 1950 contracts traded in a single transaction. Co is confirmed to report earnings April 29 before the open.

Bearish Put Activity:

• APLD Apr 4 puts are seeing interest with the underlying stock down 7% (volume: 7000, open int: 700, implied vol: ~250%, prev day implied vol: 177%). Co reported earnings last night.
• TEVA Apr 12.5 puts are seeing interest with the underlying stock down 5% (volume: 7020, open int: 0, implied vol: ~44%, prev day implied vol: 34%). 1350 contracts traded in a single transaction. Co is confirmed to report earnings May 8 before the open.

Sentiment: The CBOE Put/Call ratio is currently: 0.98, VIX: (18.62, +3.71, +24.8%).
April 19 is options expiration -- the last day to trade April equity options.

Unusual Options Activity, Mon 5/22/23

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:

• MRSN Jul 10 calls (volume: 2230, open int: 0, implied vol: ~169%, prev day implied vol: 121%). 2K traded in a single transaction. Co will present at an ASCO conference on June 3. Co is expected to report earnings early August.
• SNDL May 2 calls are seeing interest with the underlying stock up 8% (volume: 5120, open int: 700, implied vol: ~108%, prev day implied vol: 80%). Co is expected to report earnings early August.
  
• Direxion Daily S&P Biotech Bull 3x ETF (LABU) May 7 calls are seeing interest with the underlying stock up 7% (volume: 2190, open int: 3820, implied vol: ~93%, prev day implied vol: 80%).

Bearish Put Activity:

• GPS May 7 puts (volume: 1870, open int: 180, implied vol: ~163%, prev day implied vol: 130%). Co is confirmed to report earnings May 25 before the open.
• QRTEA Jun 1 puts (volume: 1250, open int: 0, implied vol: ~130%, prev day implied vol: 108%). 1950 contracts traded in a single transaction. Co is expected to report earnings late July.
  

Sentiment: The CBOE Put/Call ratio is currently: 0.90, VIX: (17.04, +0.23, +1.4%).
June 16 is options expiration -- the last day to trade June equity options.

Insider Trading: notable purchases (6/3/22)

Buyers:

1. BODY CEO & Chairman bought 588,800 shares at $2.08 - $2.33 worth ~ $1.3 mln.
   
2. CVNA VP, Gen. Counsel & Sec. bought 14,000 shares at $31.02 - $31.12 worth ~ $440K.
   
3. CYH Director bought 50,000 shares at $5.00 - $5.12 worth ~ $250K.
   
4. DKS Director bought 5,000 shares at $80.99 worth ~ $400K.
   
5. FIBK CEO bought 15,899 shares at $37.20 - $37.50 worth ~ $590K.
   
6. GLP General Partner bought 33,194 shares at $29.38 - $30.00 worth ~ $990K.
   
7. HRT Director bought 106,642 shares at $14.14 - $14.87 worth ~ $1.6 mln.
   
8. IOVA Directors and Interim CEO bought 1,038,500 shares at $6.43 - $6.84 worth ~ $6.9 mln.
   
9. MRSN Director bought 95,519 shares at $3.17 - $3.30 worth ~ $310K.
   
10. NGM Director bought 153,806 shares at $13.10 - $13.50 worth ~ $2.1 mln.
    
11. NRDY CEO bought 300,000 shares at $2.63 - $2.90 worth ~ $840K.
    
12. RMBL 10% Owner bought 30,000 shares at $15.91 worth ~ $480K.
    
13. SCOR CEO & Exec. Vice Chairman bought 600,000 shares at $1.74 - $1.95 worth ~ $1.2 mln.

Sellers:

1. DINO CFO sold 100,000 shares at $50.25 worth ~ $5.0 mln.
   
2. FLYW Director sold 166,587 shares at $19.34 - $19.41 worth ~ $3.2 mln.
   
3. LAZ President sold 70,000 shares at $35.13 - $35.64 worth ~ $2.5 mln.
   
4. PBF 10% Owner sold 758,000 shares at $33.91 - $34.63 worth ~ $26.0 mln.
   
5. RES Director sold 1,250,000 shares at $9.07 - $10.05 worth ~ $11.9 mln.
   
6. VSTO CEO sold 150,000 shares at $37.42 - $39.08 worth ~ $5.8 mln

• https://finviz.com/screener.ashx?v=211&t=VSTO,BODY,CVNA,CYH,DKS,IOVA,LAZ,PBF,RES,FIBK,GLP,HRT,MRSN,NGM,NRDY,RMBL,SCOR,DINO,FLYW&ta=0&o=-averagevolume