Bullish option flow detected in Snowflake with 22,782 calls trading, 1.4x expected, and implied vol increasing almost 2 points to 41.92%. 4/12 weekly 160 calls and 4/12 weekly 162.5 calls are the most active options, with total volume in those strikes near 9,100 contracts. The Put/Call Ratio is 0.47. Earnings are expected on May 22nd.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SNOW:
- Snowflake (NYSE:SNOW) Rallies after Catching a New Buy Rating
- DoorDash upgraded, Airbnb downgraded: Wall Street’s top analyst calls
- Snowflake initiated with an Overweight at KeyBanc
- Krispy Kreme upgraded, Altice USA downgraded: Wall Street’s top analyst calls
- Rosenblatt upgrades Snowflake to Buy on recent stock pullback