Bullish Call Activity:
* MCHP Oct 48 and 47 calls are seeing interest. The MCHP Oct 48 calls (volume: 2890, open int: 3720, implied vol: ~26%, prev day implied vol: 20%) and MCHP Oct 47 calls (volume: 1420, open int: 370, implied vol: ~24%, prev day implied vol: 21%) -- co is expected to report earnings late October. * BWA Oct 55 calls are seeing interest with relative strength in the underlying stock -- rebounding off multi-month lows (volume: 3010, open int: 220, implied vol: ~27%, prev day implied vol: 21%) -- co is confirmed to report earnings Oct 30 before the open Co also scheduled to present two times in November (all events outside Oct expiration). * PTEN call activity is picking up again (second consecutive day). Today, the Oct 34 calls are seeing interest (volume: 6150, open int: 610, implied vol: ~39%, prev day implied vol: 35%) -- co is confirmed to report earnings Oct 23 before the open. * MMYT Nov 25 calls are seeing interest with the stock down 6% on the day (volume: 2700, open int: 50, implied vol: ~59%, prev day implied vol: 55%) -- co is expected to report earnings late October. * TXRH Dec 30 calls (volume: 2740, open int: 550, implied vol: ~25%, prev day implied vol: 22%) -- co is expected to report earnings late October. * COF Oct 82.5 calls are seeing interest following Canada Costco news (volume: 2030, open int: 3830, implied vol: ~24%, prev day implied vol: 22%) -- co is confirmed to report earnings Oct 16 after the close (reports monthly metrics Oct 15 before the open).
Bearish Put Activity:
* ARUN Oct 21 puts (volume: 2060, open int: 710, implied vol: ~41%, prev day implied vol: 38%) -- co is expected to report earnings late November.