Microvast Holdings, Inc. (MVST) saw its stock surge 5.44% in after-hours trading on Monday, following a day of heightened market anticipation surrounding the company's earnings report. The significant move comes on the heels of unusual options activity observed earlier in the day, hinting at traders' expectations for a volatile post-earnings reaction.

Prior to the market close, options data for Microvast showed volume at 3.4 times the normal level, with calls outpacing puts by a ratio of 9:2. This surge in options activity suggested that investors were positioning themselves for a potential significant move in the stock price following the earnings announcement. The implied volatility derived from these options indicated that the market was anticipating a possible 21.1% swing in Microvast's share price post-earnings.

While the specific details of Microvast's earnings report were not immediately available, the after-hours stock movement aligns with the market's high expectations. The 5.44% increase suggests that the initial reaction to the company's financial results or forward guidance may have been positive. However, investors should note that after-hours trading can be volatile and may not always reflect the stock's performance in the next regular trading session.