Bullish option flow detected in Quantumscape with 25,190 calls trading, 1.7x expected, and implied vol increasing over 1 point to 86.28%. May-23 10 calls and Mar-23 9 calls are the most active options, with total volume in those strikes near 14,400 contracts. The Put/Call Ratio is 0.44. Earnings are expected on April 25th.
Published first on TheFly
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Read More on QS:
- QuantumScape sees FY23 CapEx $100M-$150M
- QuantumScape reports Q4 EPS (25c), consensus (21c)
- Quantumscape options imply 9.9% move in share price post-earnings
- Quantumscape call volume above normal and directionally bullish
- QuantumScape price target lowered to $3 from $4 at Morgan Stanley
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