Bullish option flow detected in Futu Holdings with 13,761 calls trading, 2x expected, and implied vol increasing almost 2 points to 107.71%. 10/11 weekly 130 calls and 10/11 weekly 120 puts are the most active options, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 0.42. 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:
- Unusually active option classes on open October 4th
- Unusually active option classes on open October 3rd
- Futu Holdings call volume above normal and directionally bullish
- Costco reports Q4 earnings beat, Cassava to settle SEC charges: Morning Buzz
- Futu Holdings price target raised to $90 from $80.20 at BofA