Bullish option flow detected in Robinhood with 67,713 calls trading, 5x expected, and implied vol increasing over 2 points to 72.90%. 10/11 weekly 26 calls and 10/11 weekly 25 calls are the most active options, with total volume in those strikes near 12,100 contracts. The Put/Call Ratio is 0.12. Earnings are expected on October 30th.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HOOD:
- Unusually active option classes on open October 8th
- Robinhood price target raised to $23 from $20 at Barclays
- Robinhood call volume above normal and directionally bullish
- Robinhood price target raised to $27 from $24 at Deutsche Bank
- Crypto Currents: Bitfarms, Riot Platforms enter settlement agreement