Unusual Options Activity Tue 5/14/24

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:

• PLUG Weekly May24 4 calls are seeing interest with the underlying stock up 24% (volume: 2900, open int: 840, implied vol: ~168%, prev day implied vol: 89%). Co is expected to report earnings early August.
• LCID May 3.5 calls are seeing interest with the underlying stock up 11% (volume: 31.3K, open int: 19.0K, implied vol: ~123%, prev day implied vol: 79%). 1500 contracts traded in a single transaction. Co is expected to report earnings late July.
• CCL May 15 calls (volume: 2070, open int: 28.1K, implied vol: ~38%, prev day implied vol: 35%). Co is expected to report earnings mid-June.

Bearish Put Activity:

• GME May 20 puts are seeing interest with the underlying stock up 33% (volume: 13.3K, open int: 10.6K, implied vol: ~342%, prev day implied vol: 135%). Stock seeing strong gains amid meme interest. Co is expected to report earnings early June.
• NU May 10.5 puts (volume: 6070, open int: 980, implied vol: ~42%, prev day implied vol: 36%). Co is expected to report earnings early August.

Sentiment: The CBOE Put/Call ratio is currently: 0.89, VIX: (13.60, +0.00, +0.0%).
This week is options expiration -- Friday, May 17th is the last day to trade May equity options.

Nu Holdings (NU) reported earnings on Mon 14 Nov 22 (a/h)

 ** charts before earnings **

 

 

 

 

** after earnings **

 

 

 

ÃO PAULO, November 14, 2022--(BUSINESS WIRE)--Nu Holdings Ltd. (NYSE: NU | B3: NUBR33), ("Nu" or the "Company"), one of the world’s largest digital financial services platforms, released today its Third Quarter 2022 financial results.

"Nu reported a net profit of $7.8 million in the third quarter, breaking even at the holding level with record revenues of $1.3 billion and year-on-year growth of 171%. Our customer base grew to over 70 million with a record high activity rate of 82% and a leading customer satisfaction score in our industry. We continue to launch and cross sell best-in-class products, while keeping a low-cost tech platform with low cost of funding and a widening profit margin. While we saw increased delinquency in the quarter, consistent with the market trend, our risk-adjusted margins expanded by 100bps, showing we are being able to price increased risk appropriately. Nu is well capitalized and is positioned to deliver growth at scale in the long term," said David Vélez, founder and CEO.

Operating Highlights:

Customer growth: Nu added 5.1 million customers in the quarter reaching a total of 70.4 million customers in Brazil, Mexico and Colombia. This represents a 46% growth year-over-year (YoY) and positions Nu as one of the largest and fastest-growing digital financial services platforms worldwide, as well as the sixth largest financial institution in Latin America by number of active customers.

Earnings this week : Nov 14 - 18, 22 (wk 46)

Monday (Nov 14)

• Morning:  MASS ACM YOU CGEN XRAY MNDY OTLY TWKS TSEM TSN
• Afternoon: AZTA DLO HLLY JJSF  NU SHLS  VLTA VVV

Tuesday (Nov 15)

• Morning: ARMK BERY DAVA ENR AQUA HD HUYA DNUT SE TME WKME WMT
• Afternoon:  AAP  LVLU  VREX

Wednesday (Nov 16)

• Morning:  LOW ONON SR TGT TJX
• Afternoon:  BBWI CSCO CPA CPRT GLBE HP HI KLIC NVDA SONO

Thursday (Nov 17)

• Morning: BABA BJ BRC BV CAMT CLBT DOLE KSS M NTES NJR WB
• Afternoon:  AMAT BRBR DLB ESE FTCH GPS GLOB KEYS PANW POST ROST STNE UGI WSM WWD

Friday (Nov 18)  

• Morning:  ATKR BKE FL  JD SPB TWST