Bullish option flow detected in New Fortress Energy with 2,970 calls trading, 1.1x expected, and implied vol increasing almost 5 points to 51.08%. Aug-24 24 calls and Aug-24 18 puts are the most active options, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 0.49. Earnings are expected on August 8th.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- 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>>
Read More on NFE:
- New Fortress Energy put volume heavy and directionally bearish
- Unusually active option classes on open May 24th
- New Fortress Energy price target lowered to $33 from $35 at Deutsche Bank
- New Fortress Energy reports Q1 adjusted EPS 67c, consensus 67c
- New Fortress Energy price target lowered to $27 from $32 at Barclays