Here’s a reality check. Chances are, if you were looking for securities triggering unusual options volume, apparel brand Abercrombie & Fitch (ANF) was not your first choice — not even close. And why would it be? With so much attention heaped on Hindenburg Research’s short-seller report on Carvana (CVNA) or the gravity-defying hijinks of quantum computing enterprises, ANF stock is incredibly boring by comparison.
Still, it’s sometimes the boring ideas that are worth a deeper dive. That’s not to take away from the hot securities of the moment. As I mentioned recently, Carvana may make for an excellent options trade on rising implied volatility. Regarding quantum computers, there is plenty of substance for hardened speculators to take directional wagers.
