Chime Financial, Inc. (CHYM) saw its stock price soar 5.48% during intraday trading on Wednesday, as investors positioned themselves ahead of the company's scheduled quarterly earnings report.

The fintech company is set to report its fourth-quarter results after the market closes. Market calendars listing the week's earnings expectations highlighted Chime Financial's upcoming report, fueling trader speculation and activity throughout the session.

Options market data indicated heightened interest, with call volume outpacing puts, reflecting a market bracing for potential volatility following the earnings release. This pre-earnings sentiment contributed to the significant upward price movement.