Bullish option flow detected in Redfin with 2,287 calls trading, 2x expected, and implied vol increasing almost 3 points to 95.27%. Dec-23 6 calls and 11/3 weekly 5 calls are the most active options, with total volume in those strikes near 920 contracts. The Put/Call Ratio is 0.55. Earnings are expected on November 2nd.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on RDFN:
- Real Estate Brokerage Stocks Closed Lower on Tuesday; Here’s Why
- KC jury finds NAR, brokerages guilty of commission inflation, Housingwire says
- Redfin: Funds managed by Apollo agree to commit up to $250M of financing
- Redfin put volume heavy and directionally bearish
- Redfin price target lowered to $7 from $11.50 at Jefferies