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Noteworthy Monday Option Activity: U, CHWY, SOFI

CHWYSOFIUCWCNDAQ
Futures & OptionsMarket Technicals & FlowsInvestor Sentiment & Positioning
Noteworthy Monday Option Activity: U, CHWY, SOFI

Chewy (CHWY) and SoFi Technologies (SOFI) both experienced significant options trading volume today, representing 80.2% and 74.6% of their respective average daily share volumes. Notably, CHWY saw high activity in the September 2025 $41 strike put with 5,757 contracts, while SOFI had substantial trading in the September 2025 $28 strike call with 26,963 contracts, indicating considerable investor interest or positioning in these specific long-dated options.

Analysis

Options markets for Chewy (CHWY) and SoFi Technologies (SOFI) have registered unusually high activity. For Chewy, today's options volume of 67,521 contracts equates to 80.2% of its average daily share volume, indicating significant strategic positioning. The concentration of this activity in the long-dated September 19, 2025, $41 strike put option, with 5,757 contracts traded, suggests market participants are either hedging long positions against a future decline below $41 or making outright bearish bets on the company's long-term outlook. Similarly, SoFi experienced options volume representing 74.6% of its average daily share volume. The standout activity was in the September 19, 2025, $28 strike call option, which saw 26,963 contracts traded. This high volume in a far-dated, out-of-the-money call points to strong bullish speculation, with traders positioning for significant share price appreciation over the next two years. In both cases, the long expiration dates signal that this activity is based on a long-term thesis rather than near-term catalysts.

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Market Sentiment

Overall Sentiment

neutral

Sentiment Score

0.00

Ticker Sentiment

CHWY0.00
CWC0.00
NDAQ0.00
SOFI0.00
U0.00

Key Decisions for Investors

  • Investors in Chewy (CHWY) should note the significant bearish or hedging activity at the $41 strike for September 2025, as this level may represent a key area of perceived risk or future price resistance for market participants.
  • For SoFi Technologies (SOFI), the high volume in long-dated $28 strike calls signals strong bullish sentiment and could be viewed as a vote of confidence in the company's multi-year growth trajectory, though it also implies high expectations are being priced in.