Bullish option flow detected in NXP Semiconductors with 4,405 calls trading, 2x expected, and implied vol increasing over 2 points to 33.69%. May-24 270 calls and Mar-24 240 puts are the most active options, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 0.32. Earnings are expected on May 6th.
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 the top stocks recommended by analysts >>
Read More on NXPI:
- NXP Semiconductors Announces Quarterly Dividend
- NXP Semiconductors price target raised to $300 from $270 at BofA
- NXP Semiconductors price target raised to $265 from $264 at Truist
- NXP Semiconductors price target raised to $225 from $200 at Susquehanna
- NXP Semiconductors price target raised to $270 from $250 at TD Cowen