NU call volume above normal and directionally bullish

Nu Holdings (NU) printed unusual options activity on 2026-06-02, with total option volume of 12,461 and call volume of 11,938 versus 523 puts (put/call ratio 0.04). Volume was about 2.9x average and in the 88.2 percentile for total volume. Implied volatility (30-day) was 45.84% and the expected move for the next 30 days was ±4.25% (expected move price 0.51, expected upper 12.51 / lower 11.49). Activity was heavily concentrated in the Aug. 21 13.0 call (11,910 contracts, total premium 852,066), with additional flows at the Aug. 21 14.0 call and a 2028-01-21 15.0 call. The equity traded at 12.03, down 0.97 (−7.43%), and the company has an earnings date on 2026-08-13. Recent public headlines include the appointment of a new CFO.