Bullish option flow detected in Coherent (COHR) with 8,217 calls trading, 5x expected, and implied vol increasing over 3 points to 51.66%. Nov-24 115 calls and 11/8 weekly 99 calls are the most active options, with total volume in those strikes near 6,700 contracts. The Put/Call Ratio is 0.06. Earnings are expected on February 5th.
Don't Miss out on Research Tools:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- 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 COHR:
- Coherent price target raised to $105 from $85 at Barclays
- Coherent Corp.’s Steady Insider Trading Plans Signal Confidence or Complacency?
- Coherent price target raised to $120 from $85 at Stifel
- Coherent price target raised to $120 from $85 at Craig-Hallum
- Coherent price target raised to $125 from $120 at Susquehanna