Bullish option flow detected in Palantir Technologies with 38,865 calls trading, 4x expected, and implied vol increasing over 2 points to 68.19%. 4/14 weekly 9 calls and 4/14 weekly 8.5 calls are the most active options, with total volume in those strikes near 15,200 contracts. The Put/Call Ratio is 0.24. Earnings are expected on May 9th.
Published first on TheFly
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