Bullish option flow detected in Academy Sports and Outdoors with 20,692 calls trading, 8x expected, and implied vol increasing almost 3 points to 37.44%. Dec-23 55 calls and 12/8 weekly 55 calls are the most active options, with total volume in those strikes near 6,400 contracts. The Put/Call Ratio is 0.24. Earnings are expected on March 14th.
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Read More on ASO:
- Academy Sports + Outdoors Reports Third Quarter 2023 Results
- Academy Sports narrows 2023 adjusted EPS view $7.05-$7.20 from $6.95-$7.65
- Academy Sports board approves $600M share repurchase program
- Academy Sports reports Q3 adjusted EPS $1.38, consensus $1.59
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