Compass Option Alert: Aug 18 $5 Calls Sweep (48) near the Ask: 2218 @ $0.196 vs 3290 OI; Earnings 8/7 After Close Ref=$3.93
Portfolio Pulse from Charles Gross
Compass (COMP) has an option alert for Aug 18 $5 calls sweep near the ask with 2218 contracts at $0.196 versus 3290 open interest. The company's earnings report is due on 8/7 after market close. The reference price is $3.93.
August 07, 2023 | 7:48 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Increased activity in COMP's options market may indicate investor anticipation of a price movement. The earnings report on 8/7 could be a potential catalyst.
The increased activity in COMP's options market, specifically the Aug 18 $5 calls, suggests that investors are anticipating a significant price movement. The upcoming earnings report could be a potential catalyst for this movement. However, it's uncertain whether the price will move up or down, hence the neutral score.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100