Unusual Options Flow

Some heavy bear flow in the UPST leaps today coming on the heels of this big run up over the last week or so. The company will report earnings on the 8th of August and we can clearly that there are some players taking up positions ahead of that.

We are now seeing some post -earnings bull flow here in NFLX again. It is also basing nicely based on the MR strategy so we could see a move to the upside near term.

Some call buyers leaning into TSLA here

Some call buyers leaning into TSLA here

Seeing some bear flow in SIRI here.

Tiny bull sweep in AAOI

Seeing some bear flow in SIRI here.

More bear flow in AMD here as the stock break support and trades lowers. This is in sharp contrast to the bull flow from earlier this week.

Some interesting far out of the money (OTM) flow here in TWLO. This is a relatively small size but we can look for possible follow up sweeps of the same size or bigger.

NKE continues to see some bullish positioning in the near term expiration