Unusual Options Activity Fri 10/13/23

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:

• FOLD Jan24 12 calls (volume: 20.0K, open int: 10, implied vol: ~66%, prev day implied vol: 52%). Co is expected to report earnings early November.
• PBR Nov 15 calls (volume: 34.6K, open int: 450, implied vol: ~40%, prev day implied vol: 38%). 3890 contracts traded in a single transaction. Stock was upgraded to Buy from Hold at HSBC Securities. Co is expected to report earnings late October.
• SE Dec 65 calls (volume: 5570, open int: 20, implied vol: ~70%, prev day implied vol: 68%). 3700 contracts traded in a single transaction. Co is expected to report earnings mid-November.
  

Bearish Put Activity:

• GPRE Oct 25 puts (volume: 2410, open int: 0, implied vol: ~67%, prev day implied vol: 53%). Co is expected to report earnings early November.
• SOFI Oct 8.5 puts (volume: 1080, open int: 1750, implied vol: ~61%, prev day implied vol: 58%). Co is confirmed to report earnings October 30 before the open.
  

Sentiment: The CBOE Put/Call ratio is currently: 0.94, VIX: (13.60, +0.98, +1.0%).
October 20 is options expiration -- the last day to trade October equity options.

Unusual Options Activity, Tue 6/20/23

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:

• CHPT June 9 calls are seeing interest with the underlying stock down 8% (volume: 8630, open int: 3750, implied vol: ~96%, prev day implied vol: 64%). Co is expected to report earnings late August.
• ETSY Jun 100 calls (volume: 10.2K, open int: 120, implied vol: ~61%, prev day implied vol: 46%). Co approves repurchase of up to $1 bln in common stock. Co is expected to report earnings late July.
• QCOM Jun 130 calls (volume: 3280, open int: 3830, implied vol: ~46%, prev day implied vol: 31%). Co is expected to report earnings early August.
  

Bearish Put Activity:

• PBR Jan25 10 puts (volume: 2410, open int: 0, implied vol: ~43%, prev day implied vol: 27%). Co is scheduled to present at a investor day on Dec 1. Co is expected to report earnings mid-August.
  

Sentiment: The CBOE Put/Call ratio is currently: 0.82, VIX: (14.22, +0.03, +0.2%).
July 21 is options expiration -- the last day to trade July equity options.

This week's biggest % winners & losers : May 28 - June 1, 18 (wk 22)

The following are this week's top 20 percentage gainers and top 20 percentage losers, categorized by sectors (over $300 mln market cap and 100K average daily volume).

This week's top 20 % gainers

• Healthcare: LXRX (12.28 +27.78%), ALDR (18.3 +17.68%), PTCT (36.11 +17.24%)
• Consumer Discretionary: MOV (50.1 +22.94%), DKS (35.35 +16.36%)
• Information Technology: AAOI (45.02 +30.53%), MOMO (49.6 +27.34%), BITA (26.01 +17.75%)
• Energy: CLMT (8.55 +23.91%), FRO (5.7 +19.75%), CLD (3.77 +19.3%), TUSK (37.09 +19.07%), LPG (8.28 +18.97%)
• Consumer Staples: SPTN (25.96 +34.86%)
• Telecommunication Services: IRDM (15.95 +20.38%)

This week's top 20 % losers

• Healthcare: CMD (108.84 -14.77%), GERN (4.02 -14.47%), TVTY (33.9 -11.95%)
• Industrials: RRTS (1.75 -20.45%), TITN (17.21 -18.05%)
• Consumer Discretionary: SHLD (2.28 -34.67%), GES (19.93 -19.25%),  CHS (8.42 -17.13%), DLTR (81.28 -14.6%), ANF (21.77 -14.46%), KORS (59.84 -12.82%)
• Information Technology: DAKT (7.95 -19.37%), JKS (15.14 -16.86%), INFN (8.77 -12.91%)
• Energy: GMLP (15.14 -24.15%), GLNG (26.07 -21.57%), PBR (10.13 -19.67%)

Petrobras Brasileiro (PBR) confirmed CEO resignation

Petróleo Brasileiro S.A. - Petrobras operates in the oil, natural gas, and energy industries.
Sector: Energy
Industry: Oil & Gas Integrated
HQ: Rio de Janeiro, Brazil
Full Time Employees: 62,703
http://www.petrobras.com.br

• Petrobras informs that this morning Mr. Pedro Parente resigned from his position as CEO of the company. The nomination for an interim CEO will be analyzed by the Board of Directors in due time. The composition of the Executive Board remains the same.
• Petrobras Brasileiro confirms the Board appointed the engineer Ivan de Souza Monteiro as interim CEO until the election of the new CEO.

  

===Great trade : PBR +20% (10/16)

• 9/28:  #3  $9.15
• 10/17:  +20%