$NOV Options Strategy

Here are some notable unusual options order flows today on August 7, 2025, in popular stocks:

• NOV Inc. (NYSE:NOV) saw a massive surge in put option buying, with 2,616 puts purchased—an increase of 1,353% over average daily volume. This suggests bearish sentiment following a slight earnings miss despite strong revenue[1].
• Verint Systems Inc. (VRNT) exhibited unusual call activity with 11,303 call contracts traded, about 20 times the daily average. Most activity was selling of call vertical spreads (25/27.50 strikes) for the August 15 expiration, indicating a neutral to bearish outlook despite a recent 30% rally[2].
• Myriad Genetics Inc. (MYGN) experienced a spike in call buying with 3,364 contracts traded, 94 times the average. The activity focused on August 15 calls at 6.00 and 7.00 strikes, signaling bullish intent after an EPS beat and raised revenue forecast[2].
• IREN Limited (NASDAQ:IREN) had unusually large call option volume with 163,985 calls traded, a 62% increase over typical volume, showing strong bullish interest[3].
• AMD (Advanced Micro Devices) saw record call volume on the August 8, 165 strike call with 85,357 contracts traded. Despite a 7% stock drop post-earnings, this large call activity implies hedging or positioning for a potential rebound[4].

In summary, NOV stands out for heavy put buying (bearish), VRNT for call vertical selling (neutral/bearish), MYGN and IREN for strong call buying (bullish), and AMD for massive call volume amid stock weakness (likely hedging or speculative positioning).

If you want, I can analyze specific unusual trades or provide strategy ideas based on this activity.