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%).

=Royal Bank of Canada (RY) reported earnings on Fri 22 Feb 19 (b/o)

Royal Bank of Canada misses by CAD 0.05

• Reports Q1 (Jan) earnings of CAD 2.15 per share, CAD $0.05 worse than the S&P Capital IQ Consensus of CAD 2.20.
• Challenging market conditions impacted several business segments in the first quarter of 2019 contributing to results being flat in Wealth Management and lower results in Capital Markets and Investor & Treasury Services. Our results also reflect an increase due to foreign exchange translation and the write-down of net deferred tax assets in the prior year related to the U.S. Tax Reform.

Earnings this week : Feb. 18 - 22, 2019 (wk 8)

Earnings confirmed to report this week:

Monday (Feb 18) 

• (Holiday) U.S. Market Closed

Tuesday (Feb 19)

• Morning: AAP ALLE WTR AAWW CLR CTB CEQP ECL FELE FDP GDI GPC HLX HIMX HEP HOLI JELD LDOS DOOR MDT NEO NBL SAGE SCI SITE TTS TSEM RIG USAC WMT
• Afternoon: ACC AWK CDNS CRMT CXW DVN  FIVN HLF HST HSTM HVT INST KAR KRG LC LMAT LNTH LZB NTB NVTA RARE SSTI TILE TVTY TXRH VRSK WIRE

Wednesday (Feb 20)

• Morning: ADI AROC BHC BDC CNDT CVS ETR FMS GCI GRMN GEL GVA HSIC HFC IPHS I LAMR NI OMI OC QUAD SAH SO TRGP VNTR VPG WIX WWW
• Afternoon: A ALB ATR AXTI CAI CAKE CAR  CBLK CDE CECO CHE CLI CONE CUTR CYH FLS FTI GDDY GDOT GHDX IAG ICLR INOV IVR JACK KALU LASR LOPE MANT MMI NDSN NE NTES NUVA O OR PAAS PEGA PI QEP RGR ROG RPT SAM SEDG TMST TRN TSLX TYL UFPI VIPS VMI WK WPG WPX WRI XEC Y

Thursday (Feb 21)

• Morning:  BRC DIN DLPH DPZ FND GIL GOGO HL HRL ITGR NCLH NEM PLAB PWR RGEN ROCK RS SFM SGMs STOR TFX VG WEN
• Afternoon:  AAOI ACIA ADSW AL AMH ANIK APPN ATUS BEAT BIDU BJRI BMRN BOOM BYD CASA CATM CBPX CENX CHSP COLD CUBE CWST CZR DBX DXCM EBS ECOL ED EGO  ENV EVRG EXAS FIX FLR FSLR GMED HALO HCC HPE HTGC INFN INT INTU IQ KEYS KHC LNT LPSN MATX MDRX NCMI NVRO OLED PAGS PBA PE PRA RMAX ROKU SBAC SEM SSRM STMP SWM TGH TTD TXMD UCTT VERI VLRS XOG

Friday (Feb 22)

• Morning: AN ASIX B CNK COG COT ERF ETM HMSY ITT MGA MNTA PNW RCM RUTH RY TDS TVPT USM W WPC

=Royal Bank of Canada (RY) reported earnings on Wed 8/24/16 (b/o)

Royal Bank of Canada beats by $0.02; increases quarterly dividend 2% :

• Reports Q3 (Jul) adj earnings of CAD $1.72 per share, CAD $0.02 better than the Capital IQ Consensus of CAD $1.70.
• Basel III CET1 ratio of 10.5% (up 40 bps from 10.1%).
• ROE of 16.5% (down 160 bps from 18.1%)
• Co announces that its board of directors declared an 2% increase to its quarterly common share dividend to CAD 0.83, payable on and after November 24, 2016, to common shareholders of record at the close of business on October 26, 2016.