Why Unusual Options Activity for Builders FirstSource (BLDR) May Point to an Earnings Surprise

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0;switch(e){case"expanded_panel":o='{promoMarkup}{notifMarkup}',r=n._store.getNotifications(),a=n._generatePanelMarkup(o,r),i.innerHTML=a;break;case"error_panel":a=(o='{errorMsg}').replace("{errorMsg}",n._config.panel.errorMsg),i.innerHTML=a}t&&t()}else t&&t(new Error("No panel parent"))}},{key:"createPanelParentNode",value:function(e){e&&(e.innerHTML='',this._panelNode=document.getElementById(D))}},{key:"updateBadgeNode",value:function(e){if(e){var t=this._store.getNotifications().newCount,n=this._config.badge.maxCount;if(t){var o=t>n?n+"+":t;e.innerHTML=o}else e.innerHTML=""}}},{key:"addStyles",value:function(e){if(e&&"undefined"!=typeof window){var t=document.getElementById(this._config.panel.styleTagId);t||((t=document.createElement("style")).type="text/css",t.id=this._config.panel.styleTagId,t.innerText=e,document.head.appendChild(t))}}}]),e}(),U=function(){function e(t,n,o){L(this,e);var i=this;i._store=n,i._view=o,i._config=t;var 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t,n=e.getConfig(),o={ybar:document.getElementById("ybar"),searchInput:document.getElementById("ybar-sbq"),buttonBar:document.querySelector(".".concat(jt["sa-btn-bar"])),searchForm:document.getElementById("ybar-sf"),searchBoxIcon:document.querySelector(".".concat(jt["searchbox-icon-uh3"])),searchBoxPlaceholder:document.getElementById("ybar-smartphone-searchbox-placeholder"),searchBoxBackButton:document.getElementById("ybar-search-back-btn"),shopsButtonsWrap:document.querySelector(".".concat(jt["shops-buttons"])),categorySelect:document.getElementById("shops-category-select"),selectedMerchantInput:document.getElementById("selected-merchant-input"),selectedMerchantClearButton:document.querySelector(".".concat(jt["selected-merchant-clear-button"])),submitSearchBtn:document.getElementById("ybar-search"),clearSearchBtn:document.getElementById("ybar-sbq-x"),searchGradientBorder:document.querySelector(".".concat(jt["search-border-gradient"]))};if(function(e,t){var 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Gt(e,o.submitSearchBtn,m(m({},Kt),{label:null!==(t=n.i18n.root.SEARCH_TOOLTIP_WEB)&&void 0!==t?t:"Search the web",containerClass:"".concat(jt.tooltip," ").concat(jt.tooltip__web),tooltipParentElm:o.clearSearchBtn.parentElement}))}));var Jt="_yb_tdk4ba",Vt="_yb_hkd17a",$t="_yb_rtzclf",Xt="_yb_tdbhj6",Zt="_yb_de52ef",Qt="_yb_9hwrey",en="_yb_slc8ta",tn="_yb_bf0svp",nn="_yb_hjic9z";be("ybar-mod-adaptivenav",(function(e){var t=document.querySelector("#ybar-l1-more-menu ul"),n={moreDropDown:document.querySelector(".".concat(Jt)),moreBtn:document.querySelector(".".concat(Vt)),wrap:document.querySelector(".".concat(Xt)),moreSectionTitle:document.querySelectorAll(".".concat(Zt)),editionsCtaBtn:document.querySelector(".".concat(Qt)),editionsMenu:document.querySelector(".".concat(en)),closeBtn:document.querySelector(".".concat(tn)),moreMenuDropDownHeight:t?"".concat(t.offsetHeight+48,"px"):"0"};new 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Since the start of the year, BLDR stock is down more than 5% while the benchmark S&P 500 index is up almost 7% during the same frame.It’s also worth pointing out that in the past 52 weeks, the security has given up more than 19% of market value. Frankly, it’s not a great look for Builders FirstSource, which is scheduled to release its earnings results this Thursday before the opening bell. However, bold and adventurous speculators interested in a contrarian idea may want to keep their eyes on BLDR stock.$200 AMD Price Target? Try These 2 Option Trades Before the Market MovesOption Volatility And Earnings Report For July 28 – Aug 1Should You Grab This ‘Strong Buy’ Semiconductor Stock Ahead of Earnings?Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now!First, Builders FirstSource represented one of the highlights of Barchart’s Unusual Stock Options Volume screener. This nifty readout provides platform users with the top 500 securities that have incurred aberrant activity in the derivatives market relative to normal trends. Potentially, this screener can clue us in on what the smart money may be doing with its funds.On Monday, total options volume for BLDR stock hit 6,231 contracts, representing a nearly 85% lift over the trailing one-month average. Further, call volume reached 3,127 contracts while put volume was 3,104 contracts. This pairing yielded a relatively even put/call ratio of 0.993.Nevertheless, Barchart’s options flow screener — which focuses exclusively on big block transactions likely placed by institutional investors — added a bit more nuance. As it turned out, net trade sentiment yesterday landed at $55,100 above parity, thus favoring the bulls.The biggest transaction by dollar volume was $210,000 worth of sold puts expiring Sep. 19, 2025. As a credit-based transaction (due to the sale of options), we can reasonably presume that the sellers don’t expect BDLR stock to fall materially below the underlying option’s strike price (which was $140).That’s not definitive proof that Builders FirstSource will post an earnings surprise. However, it does seem that the smart money is confident that the company can deliver the goods.While deciphering unusual options activity can provide an edge, it’s difficult to know for sure how the market will ultimately respond. When it comes to unusual derivatives, the fact is that investors sold $140 puts expiring in September, with a bid price of $10.60. Based on intrinsic value only, it’s imperative for the put sellers that BLDR stock not drop below $129.40.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,455.00 +58.75 (+0.92%)Dow Futures44,752.00 +119.00 (+0.27%)Nasdaq Futures23,797.25 +316.75 (+1.35%)Russell 2000 Futures2,233.70 -7.80 (-0.35%)VIX15.48 -0.50 (-3.13%)Gold3,345.60 -7.20 (-0.21%)PortfolioSign in to access your portfolioSign inTop gainersWING Wingstop Inc. 368.26 +77.96 (+26.86%)FTAI FTAI Aviation Ltd. 144.46 +30.32 (+26.56%)PIII P3 Health Partners Inc. 7.30 +1.50 (+25.86%)GNRC Generac Holdings Inc. 181.00 +29.68 (+19.61%)TER Teradyne, Inc. 107.65 +17.10 (+18.88%)Top losersNEGG Newegg Commerce, Inc. 44.97 -11.22 (-19.97%)CAR Avis Budget Group, Inc. 172.46 -31.42 (-15.41%)SLGN Silgan Holdings Inc. 47.30 -8.50 (-15.23%)CHKP Check Point Software Technologies Ltd. 186.67 -31.66 (-14.50%)ENTG Entegris, Inc. 79.34 -13.41 (-14.46%)Most activeSOFI SoFi Technologies, Inc. 21.87 -0.53 (-2.37%)NVDA NVIDIA Corporation 179.27 +3.76 (+2.14%)LCID Lucid Group, Inc. 2.5000 -0.0600 (-2.34%)TSLA Tesla, Inc. 319.04 -2.16 (-0.67%)F Ford Motor Company 10.87 -0.21 (-1.90%)Earnings eventsTrending tickersMSFT Microsoft Corporation 513.24 +0.67 (+0.13%)META Meta Platforms, Inc. 695.21 -4.79 (-0.68%)NVDA NVIDIA Corporation 179.27 +3.76 (+2.14%)AMZN Amazon.com, Inc. 230.19 -0.82 (-0.35%)HOOD Robinhood Markets, Inc. 106.10 +2.78 (+2.69%)Top economic events