The 16,000 calls traded so far today account for eight times the average intraday volume, though the 6,555 puts exchanged represents triple the amount typically seen by this point. Even with the holiday-shopping season's arrival, analysts expect a 6.5% year-over-year decrease in revenue to $9.8 billion, with earnings of $1.18 per share.ĭespite the revenue expectations, bulls are placing their bets on Best Buy stock. Options bulls have their eyes set on Best Buy Co Inc (NYSE:BBY) ahead of the retailer's third-quarter earnings report, due before tomorrow's open.
