Bullish option flow detected in Akamai with 4,829 calls trading, 4x expected, and implied vol increasing over 4 points to 48.91%. Jun-24 105 calls and Sep-24 80 puts are the most active options, with total volume in those strikes near 3,600 contracts. The Put/Call Ratio is 0.65. Earnings are expected on May 9th.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AKAM:
- Akamai to acquire API security company Noname Security for $450M
- Akamai Announces Intent to Acquire API Security Company Noname
- AKAM Upcoming Earnings Report: What to Expect?
- Citi cuts Akamai target, opens ‘positive catalyst watch’
- Akamai in talks to buy Noname Security ffor $500M, TechCrunch reports