Bullish option flow detected in Array Technologies with 2,599 calls trading, 1.8x expected, and implied vol increasing almost 5 points to 68.16%. May-24 12.5 calls and Jun-24 12.5 calls are the most active options, with total volume in those strikes near 1,700 contracts. The Put/Call Ratio is 0.33. Earnings are expected on August 6th.
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 ARRY:
- What You Missed This Week in EVs and Clean Energy
- Array Technologies price target raised to $14 from $13 at Piper Sandler
- Warner Bros. upgraded, Cerence downgraded: Wall Street’s top analyst calls
- Array Technologies price target lowered to $20 from $22 at Northland
- Array Technologies upgraded to Outperform from Perform at Oppenheimer