Dutch Bros Shares Surge 6.29% on Earnings and Options Frenzy $400M Volume Ranks 207th in Stock Trading Activity

Dutch Bros (BROS) surged 6.29% on Aug. 25, with $400 million in trading volume ranking it 207th among stocks. The rally follows a combination of strong earnings momentum and speculative options activity. The company reported 28% year-over-year revenue growth in Q2 2025, with net income rising to $38.4 million from $22.2 million in the same period in 2024. Earnings per share (EPS) grew from $0.03 to $0.34 in 2024, and same-store sales increased 6.1% in the latest quarter, driven by 3.7% higher transaction counts.

Analysts highlight Dutch Bros’ expanding profit margins and growth potential, with EPS expected to rise over 350% in the next three years. The stock trades at a trailing P/E of 193 but a forward P/E of 74, reflecting optimism about future performance. Technical indicators show the stock nearing overbought territory, with RSI at 60.33 and Bollinger Bands near upper bounds. Options activity has intensified, particularly in leveraged calls with 70–75 strike prices showing over 550% price change ratios, signaling aggressive short-term positioning.

A backtest of BROS’ performance after a 6% intraday surge shows mixed results. The 3-Day win rate stands at 48.93%, while the 10-Day and 30-Day win rates reach 50.43% and 57.91%, respectively. Maximum returns peaked at 5.38% over 30 days, indicating modest gains with potential for short-term profits. The strategy of buying the top 500 high-volume stocks and holding for one day from 2022 to 2025 yielded a 6.98% CAGR but faced a 15.46% maximum drawdown during the period, underscoring the risks of high-volume trading.