Bullish option flow detected in Spirit AeroSystems with 11,873 calls trading, 7x expected, and implied vol increasing over 15 points to 62.43%. 3/8 weekly 35 calls and Mar-24 31 calls are the most active options, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 0.16. Earnings are expected on May 1st.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on SPR:
- Spirit AeroSystems Welcomes New Board Member Jane Chappell
- Alibaba downgraded, Disney upgraded: Wall Street’s top analyst calls
- Spirit AeroSystems upgraded to Outperform from Market Perform at TD Cowen
- Spirit AeroSystems price target raised to $32 from $30 at UBS
- Spirit says negotiations with Airbus ‘productive’