Unusual Options Activity Fri 1/31/25

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

• CELH Weekly Jan31 27 calls (volume: 6.6K, open int: 8.0K, implied vol: ~79%, prev day implied vol: 62%). We noted activity in the weekly Jan31 26 calls earlier this week (See 1/29 13:39 OPTNX). Co is expected to report earnings late February.
• CVNA Weekly Jan31 260 calls (volume: 13.3K, open int: 1.4K, implied vol: ~75%, prev day implied vol: 69%). 1,2K traded in a single transaction. Co is confirmed to report earnings February 19 after the close.
• FCX Weekly Feb07 38 calls (volume: 14.6K, open int: 5.5K, implied vol: ~35%, prev day implied vol: 32%). 5.2K traded in a single transaction. Stock was downgraded to Hold from Buy at Argus.  Co is expected to report earnings mid-April.
  

Bearish Put Activity

• LYFT Weekly Jan31 13.5 puts (volume: 8.3K, open int: 11.6K, implied vol: ~87%, prev day implied vol: 59%). Co is confirmed to report earnings February 11 after the close.
• F Weekly Jan31 10 puts (volume: 11.5K, open int: 35.8K, implied vol: ~42%, prev day implied vol: 36%). Co is confirmed to report earnings February 5 after the close.
  

Sentiment: The CBOE Put/Call ratio is currently: 0.69, VIX: (14.94, -0.90, -5.7%).
February 20 is options expiration -- the last day to trade February equity options.