tiprankstipranks

Dropbox call volume above normal and directionally bullish

Bullish option flow detected in Dropbox with 6,104 calls trading, 2x expected, and implied vol increasing over 1 point to 25.49%. Jan-26 35 calls and Sep-24 25 calls are the most active options, with total volume in those strikes near 5,100 contracts. The Put/Call Ratio is 0.03. Earnings are expected on November 7th.

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

Disclaimer & DisclosureReport an Issue