Unusual Options Activity
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:Bearish Put Activity:
- POT Sep 34.5 calls (volume: 17.4K, open int: 210, implied vol: ~23%, prev day implied vol: 18%) -- peer MON was targeted in cautious OTR note (spokesperson subsequently refuted suggestions). POT is scheduled to present at two conferences this month -- on September 17 and 23.
- NOV Nov 90 calls (volume: 11.6K, open int: 9.4K, implied vol: ~22%, prev day implied vol: 20%) -- nearly 10K traded in single transaction at 0.50 with a 0.43/0.52 bid/ask spread. Co is scheduled to present Sept 18 at MorningStar conference and is confirmed to report earnings Oct 30 before the open.
- BBT Sep 38 calls are seeing interest ahead of investor day tomorrow September 11 -- starts at 9am ET (volume: 2120, open int: 3600, implied vol: ~16%, prev day implied vol: 15%) -- co reported earnings mid-July.
- JBHT Oct 75 puts are seeing interest with relative weakness in the underlying stock -- scheduled to present today at a Longbow conference (volume: 4300, open int: 40, implied vol: ~22%, prev day implied vol: 20%) -- majority of today's volume occurred in single transaction -- 3.4K traded on the offer. Co is confirmed to report earnings Oct 14 before the open, which falls within Oct expiration.
- EMC Weekly Oct03 28.5 puts are seeing interest ahead of Deutsche Bank Conference after the close -- starts at 17:40 ET (volume: 2720, open int: 50, implied vol: ~20%, prev day implied vol: 18%) -- co is confirmed to report earnings Oct 22 before the open.