Bullish option flow detected in JetBlue with 8,693 calls trading, 3x expected, and implied vol increasing almost 21 points to 59.78%. 9/6 weekly 5 calls and 9/13 weekly 5 calls are the most active options, with total volume in those strikes near 6,900 contracts. The Put/Call Ratio is 0.02. Earnings are expected on October 29th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JBLU:
- JetBlue teams with UBS Arena & the New York Islanders
- Citi places ‘positive catalyst watch’ on JetBlue
- JetBlue price target lowered to $5 from $6 at TD Cowen
- JetBlue Announces Pricing of $2,000 Million Senior Secured Notes Offering and $765 Million Term Loan
- JetBlue announces pricing of senior secured notes offering, $765M term loan
Questions or Comments about the article? Write to editor@tipranks.com