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Peloton Interactive call volume above normal and directionally bullish

Peloton Interactive call volume above normal and directionally bullish

Bullish option flow detected in Peloton Interactive with 149,438 calls trading, 5x expected, and implied vol increasing over 24 points to 104.84%. 9/6 weekly 4.5 calls and 9/6 weekly 5 calls are the most active options, with total volume in those strikes near 128,400 contracts. The Put/Call Ratio is 0.07. Earnings are expected on October 31st.

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