Bullish Call Activity:
- VGR May 17.5 calls (volume: 1060, open int: 680, implied vol: ~27%, prev day implied vol: 17%)
- CNX Apr 60 calls are seeing interest following speculation co canceled from conference. The CNX Apr 60 calls have traded 12.0K contracts vs 7300 open interest (implied vol: ~43%, prev day implied vol: 39%).
- MRVL calls are seeing interest following takeover chatter. So far today 34.9K total calls have traded vs 2.7K total puts. Most notable are the MRVL Apr 16 calls (volume: 14.4K, open int: 3530, implied vol: ~34%, prev day implied vol: 32%)
- THC May 7 calls (volume: 5860, open int: 32.7K, implied vol: ~21%, prev day implied vol: 19%) — co is expected to report earnings early May
Sentiment: The CBOE Put/Call ratio is currently: 0.71… VIX: (20.02, -0.59, -2.9%).
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From This Morning
Calls:
- WHR Apr 85 calls are seeing interest with 1540 contracts trading vs. open int of 2060, pushing implied vol up around 1 points to ~30% — co is expected to report earnings mid Apr, possibly falling outside the expirations cycle.
Stocks seeing volatility selling:
- MSFT Apr 24 puts are active with 13.3K contracts trading vs. open int of 38.9K, pushing implied vol down around 1 points to ~24% — co is expected to report earnings mid Apr, possibly falling outside the expirations cycle.
- EXPR and CCL implied vol is lower following earnings/guidance
Sentiment: The CBOE Put/Call ratio is currently: 0.63.. VIX: (20.19, -0.42, -2.0%).
*Please use the Talk to Us link at the top of the page to provide feedback on this comment as well as the OPTNX comments.
