Bullish option flow detected in Confluent with 8,978 calls trading, 6x expected, and implied vol increasing almost 4 points to 80.23%. Aug-24 35 calls and Jul-24 28 calls are the most active options, with total volume in those strikes near 8,000 contracts. The Put/Call Ratio is 0.02. Earnings are expected on July 31st.
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 CFLT:
- Confluent price target lowered to $34 from $36 at Mizuho
- Global head of sales left Confluent, Bloomberg reports
- Cantor Fitzgerald software analysts hold an analyst/industry conference call
- DA Davidson technology analysts to hold an analyst/industry conference call
- ‘S&P 500 to hit 6,000’: Evercore Picks 2 Stocks to Play the Bounce