Unusual Options Activity in Farfetch Limited (FTCH), SmileDirectClub, Inc. (SDC), NIO Inc. (NIO)

Unusual Options Activity in Farfetch Limited (FTCH)

Today, among the underlying components of the NYSE, we saw unusual or noteworthy options trading volume and activity in  Farfetch Limited (FTCH), which opened at $38.50.

There was an order sized at 900 contracts traded on the $40 strike call option at the ask, dated for April 14th, 2022, representing 90,000  shares.

Seen above are the noteworthy options orders in Farfetch Limited from the Unusual Whales Flow.

These orders come after reports that FTCH is down 33% year to date but down 40% since its February high despite growing revenue at 40%eal with UnitedHealth.

Per the charts above, representing Farfetch Limited’s option chain breakdown for minimum premiums of $30,000 or more, bullish premium is 100% of the options chains. Not until $5,000 premiums or below is there 5.7% of bearish premiums bettering on FTCH’s chains.

To view more information about FTCH's daily flow breakdown, click here to visit unusualwhales.com.

Unusual Options Activity in SmileDirectClub, Inc. (SDC)

In the market capitalization-weighted index NASDAQ Global Select Market Composite (NasdaqGS), we saw unusual or noteworthy options trading volume and activity today in SmileDirectClub, Inc., which opened today at $5.73.

There was an order sized at 10,000 contracts traded on the $10 strike call option at the bid, dated for November 19th, 2021, representing 1,000,000 shares.

Additionally, there were another 10,000 contracts traded on the $10 strike put option at the ask, for the same date and strike, representing another 1,000,000 shares.

Seen above are the noteworthy options orders in SmileDirectClub, Inc. from the Unusual Whales Flow.

These orders come after reports that SDC might be considered a buying opportunity at this price, but the options order flow above contradicts this.

Per the charts above, representing SmileDirectClub, Inc.’s option chain breakdown for minimum premiums of $30,000 or more, bearish premium represents 100% of the options order chains; 95.2% of the orders are ask side puts.

To view more information about SDC's flow breakdown, click here to visit unusualwhales.com.

Unusual Options Activity in NIO Inc. (NIO)

Finally, among the underlying components of the NYSE, we saw unusual or noteworthy options trading volume and activity in NIO Inc. (NIO), which opened at $36.28.

There was a total of 600 contracts traded on the $40 strike call option at the ask, dated for May 20th, 2022, representing approximately 60,000 shares.

Seen above are the noteworthy options orders in NIO Inc. from the Unusual Whales Flow.

This order comes after reports of Nio’s high price target of almost $92, the implication is Nio could return approximately 160% over the next 12 months.

Per the charts above, representing NIO Inc.’s option chain breakdown for minimum premiums of $30,000 or more, bullish premiums represent 82.2% of the options order chains, with 85.3% being represented as calls, 77.4% premium in calls, and 75.5% in ask-side orders.

To view more information about NIO's flow breakdown, click here to visit unusualwhales.com.

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Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Certain investment planning tools available on Unusual Whales may provide general investment education based on your input. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your legal or tax professional regarding your specific situation. See terms for more information.