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Barchart
Barchart
Will Ashworth

Two Straddles Define Wednesday’s Unusual Options Activity Across Key Stocks

Bath Body Works BBWI BMY BristolMyers Squibb

In Wednesday’s unusual options activity, there were 1,025 calls and puts, with Vol/OI (volume-to-open-interest) ratios ranging from 1.24 to 187.91 for NuScale Power (SMR). 

Among the top 35 options for Vol/OI ratios, two stocks jump out to me as potential straddle candidates. Whether bullish or bearish, both are recognizable household names. 

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