Bullish option flow detected in Spirit AeroSystems with 16,289 calls trading, 7x expected, and implied vol increasing almost 7 points to 53.13%. Sep-23 24 calls and Sep-23 21 calls are the most active options, with total volume in those strikes near 10,300 contracts. The Put/Call Ratio is 0.02. Earnings are expected on November 1st.
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Read More on SPR:
- Spirit AeroSystems downgraded to Hold from Buy at Melius Research
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- Spirit AeroSystems put volume heavy and directionally bearish
- Spirit AeroSystems price target lowered to $18 from $22 at BofA
- Spirit AeroSystems falls -15.4%
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