Increased Options Trading Highlights Snowflake, Bentley, Carvana

Today's surge in options trading volume for Snowflake, Bentley Systems, and Carvana suggests heightened investor interest. Notably, Snowflake's call options are especially active, indicative of potential bullish sentiment surrounding the stock.

Date: 19-05-2025

AI Rating: 7

The report highlights increased options trading volume for three companies: Snowflake Inc. (SNOW), Bentley Systems Inc. (BSY), and Carvana Co. (CVNA). This uptick in trading suggests a strong interest from investors, which could impact the underlying stock prices due to the information reflected in the options market.

Snowflake Inc. (SNOW): With a total of 35,199 contracts traded, which is 98.5% of its average daily volume, the high volume in the $210 strike call options indicates strong bullish sentiment. Options traders are likely betting on Snowflake's performance exceeding expectations, which could lead to upward pressure on the stock. The bullish sentiment may arise from positive developments in the company's earnings or growth prospects, although specifics on EPS or revenue growth are not disclosed in the report.

Bentley Systems Inc. (BSY): The options volume of 11,799 contracts also equates to approximately 92.4% of its average daily trading volume. This level of interest, especially for call options, may suggest that investors are anticipating positive news or performance in the coming months. Like Snowflake, no detailed earnings information is provided, but the high trading activity could reflect confidence in Bentley's business model and potential revenue growth.

Carvana Co. (CVNA): The options throughput, accounting for 81.2% of its average daily trading volume, reflects noteworthy attention as well. The prominence of put options suggests that some investors might be hedging against potential declines in share price. Given that there are no direct mentions of financial metrics, volatility will likely be a key factor influencing CVNA’s stock price performance.

In summary, while there are no explicit details about EPS, revenue growth, or other financial ratios in the report, the options activity for these companies does suggest divergence in market sentiment. Strong call options trading in SNOW and BSY denotes potential bullish outlooks, while the activity in CVNA suggests cautious optimism.

Stocks: SNOW BSY CVNA