There were 1,394 unusually active options in Wednesday’s options trading. Of these, 894 (64%) were calls, while 500 (36%) were puts. That’s a bullish indicator for stocks.
The fourth-highest Vol/OI (volume-to-open-interest) ratio yesterday was the Oct. 17 $35 call for Amer Sports (AS), the fast-growing sporting goods conglomerate, whose brands include Salomon, Wilson, Arc’teryx, and Louisville Slugger.
