Bullish option flow detected in Plug Power with 20,903 calls trading, 1.4x expected, and implied vol increasing almost 7 points to 87.12%. 10/13 weekly 6 puts and Nov-23 7.5 calls are the most active options, with total volume in those strikes near 15,600 contracts. The Put/Call Ratio is 0.50. Earnings are expected on November 7th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on PLUG:
- Largest borrow rate increases among liquid names
- Plug Power call volume above normal and directionally bullish
- Plug Power price target lowered to $12 from $14 at JPMorgan
- Plug Power price target lowered to $8 from $9 at Truist
- Buy These Green Hydrogen Stocks, Analyst Says, Forecasting up to 65% Upside