Bullish option flow detected in JetBlue with 24,939 calls trading, 2x expected, and implied vol increasing almost 7 points to 55.58%. Jun-24 7 calls and May-24 6.5 calls are the most active options, with total volume in those strikes near 11,300 contracts. The Put/Call Ratio is 0.10. Earnings are expected on August 6th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JBLU:
- JetBlue, Etihad Airways announce addition of loyalty benefits
- SAVE Earnings: Spirit Airlines Crumbles After Weak Q1 Numbers
- JetBlue price target lowered to $5 from $6 at Barclays
- What to Make of JetBlue Airways (NASDAQ:JBLU) After Stock’s Bumpy Ride
- JetBlue says fleet moderization program is ‘coming to fruition’