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Lumen Technologies call volume above normal and directionally bullish
The Fly

Lumen Technologies call volume above normal and directionally bullish

Bullish option flow detected in Lumen Technologies with 71,714 calls trading, 1.2x expected, and implied vol increasing almost 4 points to 98.36%. 8/23 weekly 6.5 calls and 8/23 weekly 6 calls are the most active options, with total volume in those strikes near 23,100 contracts. The Put/Call Ratio is 0.22. Earnings are expected on November 5th.

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