A whale with a lot of money to spend (and possibly insider knowledge) has taken a noticeably bullish stance on Chewy.
Looking at options history for Chewy(NYSE:CHWY) we detected 11 strange trades.
Chewy (NYSE:CHWY) brought in sales totaling $2.15 billion during Q2 according to data provided by Benzinga Pro. However, earnings decreased 141.37%, resulting in a loss of $16.19 million.
This unusual options alert can help traders track potentially big trading opportunities. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Unusual trading activity could push option prices to hyperbolic or underperforming levels.
Upgrades
For Bouygues (OTC:BOUYF), Jefferies upgraded the previous rating of Hold to Buy. At the moment, the stock has a 52-week-high of $43.06 and a 52-week-low of $33.96. Bouygues closed at $42.20 at the end of the last trading period.