Bullish option flow detected in Pure Storage with 5,240 calls trading, 1.1x expected, and implied vol increasing over 2 points to 31.59%. Jul-23 36 calls and Jul-23 36 puts are the most active options, with total volume in those strikes near 5,900 contracts. The Put/Call Ratio is 0.41. Earnings are expected on August 30th.
Published first on TheFly
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