Bullish option flow detected in Futu Holdings with 42,383 calls trading, 10x expected, and implied vol increasing almost 23 points to 81.17%. Nov-24 120 calls and 10/4 weekly 110 calls are the most active options, with total volume in those strikes near 10,400 contracts. The Put/Call Ratio is 0.29. Earnings are expected on November 21st.
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 FUTU:
- Costco reports Q4 earnings beat, Cassava to settle SEC charges: Morning Buzz
- Futu Holdings price target raised to $90 from $80.20 at BofA
- Tencent is unidentified seller in Futu’s $206M block trade, Bloomberg reports
- Unusually active option classes on open September 24th
- Futu Holdings call volume above normal and directionally bullish