Bullish option flow detected in Futu Holdings (FUTU) with 18,134 calls trading, 2x expected, and implied vol increasing almost 7 points to 75.99%. 11/22 weekly 110 calls and Dec-24 120 calls are the most active options, with total volume in those strikes near 5,000 contracts. The Put/Call Ratio is 0.12. Earnings are expected on November 19th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FUTU:
- Futu Holdings call volume above normal and directionally bullish
- Unusually active option classes on open October 4th
- Unusually active option classes on open October 3rd
- Costco reports Q4 earnings beat, Cassava to settle SEC charges: Morning Buzz
- Futu Holdings price target raised to $90 from $80.20 at BofA