Bullish option flow detected in Fastly Inc with 7,388 calls trading, 2x expected, and implied vol increasing over 6 points to 62.63%. Aug-24 6.5 calls and 8/23 weekly 6.5 calls are the most active options, with total volume in those strikes near 4,600 contracts. The Put/Call Ratio is 0.11. Earnings are expected on November 6th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FSLY: