Antero Resources (AR) Soars 4.07% on Bullish Option Flow

Antero Resources (AR) shares surged 4.07% intraday, marking the third consecutive day of gains and reaching its highest level since April 2025. The stock has risen by 8.52% over the past three days, reflecting a strong bullish sentiment in the market.

The strategy of buying AR shares after they reached a recent high and holding for 1 week showed poor performance over the past 5 years. The annualized return was -14.5%, significantly underperforming the market. This indicates that waiting for a recent high before buying AR shares and holding for 1 week is not a viable strategy. The details are as follows:

One of the primary drivers behind the recent surge in Antero Resources' stock price is the significant bullish option flow detected. With 9,555 calls trading, which is five times the expected volume, the implied volatility has increased by over 5 points to 41.74%. The most active options include the August 25th 45 calls and the June 13th weekly 40 calls, with a total volume of about 6,200 contracts. The Put/Call Ratio is notably low at 0.06, further indicating a strong bullish sentiment among investors.

Additionally, the upcoming earnings report scheduled for July 30th is likely influencing investor behavior. As the market anticipates the release of financial results, there is a heightened level of activity and speculation surrounding the stock. This anticipation, combined with the bullish option flow, has contributed to the recent upward trend in Antero Resources' share price.