Applied Optoelectronics call volume above normal and directionally bullish
The Fly

Applied Optoelectronics call volume above normal and directionally bullish

Bullish option flow detected in Applied Optoelectronics with 1,887 calls trading, 1.1x expected, and implied vol increasing almost 2 points to 80.43%. Jun-24 10 calls and 6/7 weekly 10.5 calls are the most active options, with total volume in those strikes near 910 contracts. The Put/Call Ratio is 0.14. Earnings are expected on August 8th.

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