Chewy Inc. (CHWY) has experienced a significant surge in its stock price, rising over 16% today and more than 80% from its early May lows. The stock has gained 70% in the past three months, with heavy trading volume noted. Investors have been actively purchasing September 25 calls, indicating bullish sentiment. The stock's performance has been attributed to the value found in small and mid-cap names in the market. Chewy is up 55% since last month and 14% today.
Chewy up another 14% today, over 55% since we discussed it last month ahead of earnings on the Wall Street Beats morning call. The chart is forming a perfect Bug. $CHWY @StreetBeatsPros https://t.co/HHmPTWWzDH https://t.co/aN8qeXoXcu
$CHWY up 70% since in 3 mos- so much value in this market in smid cap type names that's set up by relentless puking, quant or otherwise https://t.co/wdHNY1DNoT
What's going on with Chewy? Not seeing news but heavy volume and $CHWY up more than 16% today and now up about more than 80% from early May lows. ๐ถ๐ฑ
MORE AND MORE CHWY HERE.....ADDED SEP 25 STRIKES. LET'S GO GO GO GO (as i tell the chat room). a cup/handle or a pennant....it's BULLISH.. https://t.co/DntRnanW1P
since earnings been adding LOTS OF CHWY sep 25 calls....this is where it's at!