Ally Financial call volume above normal and directionally bullish
The Fly

Ally Financial call volume above normal and directionally bullish

Bullish option flow detected in Ally Financial with 12,406 calls trading, 7x expected, and implied vol increasing over 5 points to 93.46%. 3/24 weekly 23 calls and 3/24 weekly 24 calls are the most active options, with total volume in those strikes near 4,500 contracts. The Put/Call Ratio is 0.61. Earnings are expected on April 19th.

Published first on TheFly

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