tiprankstipranks
The Fly

Chewy call volume above normal and directionally bullish

Chewy call volume above normal and directionally bullish

Bullish option flow detected in Chewy (CHWY) with 11,496 calls trading, 1.7x expected, and implied vol increasing almost 2 points to 72.66%. 3/14 weekly 34 calls and Sep-25 40 calls are the most active options, with total volume in those strikes near 10,000 contracts. The Put/Call Ratio is 0.06. Earnings are expected on March 26th.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Questions or Comments about the article? Write to editor@tipranks.com