Bullish option flow detected in Robinhood with 49,194 calls trading, 1.1x expected, and implied vol increasing over 2 points to 70.89%. Feb-25 30 calls and 7/12 weekly 24 calls are the most active options, with total volume in those strikes near 13,700 contracts. The Put/Call Ratio is 0.11. Earnings are expected on August 7th.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HOOD:
- Here’s What You Missed in Crypto This Week
- Robinhood Plans to Offer Crypto Futures in the U.S., Europe
- Robinhood Markets, Inc. to Announce Second Quarter 2024 Results on August 7, 2024
- Robinhood considers listing crypto futures in U.S., Europe, Bloomberg reports
- M&A News: Robinhood (HOOD) Acquires AI Platform Pluto