Bullish option flow detected in Generac with 8,148 calls trading, 4x expected, and implied vol increasing almost 3 points to 48.12%. Sep-23 115 calls and 8/25 weekly 113 calls are the most active options, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 0.28. Earnings are expected on November 1st.
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>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on GNRC:
- Early notable gainers among liquid option names on August 18th
- Generac call volume above normal and directionally bullish
- Generac price target lowered to $150 from $160 at Piper Sandler
- Apple downgraded, Amazon upgraded: Wall Street’s top analyst calls
- Janney upgrades Generac to Buy, sees opportunity in post-earnings selloff