Bullish option flow detected in Atlassian with 2,297 calls trading, 1.1x expected, and implied vol increasing over 3 points to 74.76%. 5/5 weekly 152.5 calls and 5/5 weekly 175 calls are the most active options, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 0.58. Earnings are expected on May 4th.
Published first on TheFly
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