Surge in Options Trading for Dutch Bros, Yeti, and Calix

Recent report highlights significant options trading activities for Dutch Bros Inc, Yeti Holdings Inc, and Calix Inc, reflecting notable investor interest. High volumes in put and call options suggest varied investor sentiment around these stocks.

Date: 05-11-2024

AI Rating: 6

The report provides insights into the options trading activities of three companies listed in the Russell 3000 index: Dutch Bros Inc (BROS), Yeti Holdings Inc (YETI), and Calix Inc (CALX).

Dutch Bros Inc (BROS) is experiencing considerable options trading, with a total volume of 13,371 contracts, representing about 1.3 million underlying shares, which is 65% of its average daily trading volume of 2.1 million shares. Notably, the $30 strike put option expiring on November 15, 2024, has seen a significant volume of 9,183 contracts.

Yeti Holdings Inc (YETI) shows similar trends, with 8,343 contracts traded, representing approximately 834,300 underlying shares or 63.3% of its average daily trading volume of 1.3 million shares. The $42.50 strike call option for November 15, 2024, also shows heightened activity with 3,015 contracts trading.

Calix Inc (CALX) has had options volume of 2,960 contracts, translating to about 296,000 underlying shares, or 62.7% of its 472,095 average daily volume. The $37.50 strike call option for November 15, 2024, has seen 2,335 contracts traded.

The high trading volume observed across these companies might indicate increased investor speculation or hedging activities as market participants react to news, earnings expectations, or potential volatility around the stocks. The notable volume in put options for BROS might suggest a bearish sentiment or protective strategy, while the call options activity for YETI and CALX may indicate bullish sentiment towards their growth prospects.

Stocks: BROS YETI CALX