Bullish option flow detected in Teck Resources with 4,504 calls trading, 1.1x expected, and implied vol increasing over 2 points to 38.07%. Sep-24 49 calls and Nov-24 49 calls are the most active options, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 0.05. Earnings are expected on October 24th.
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 TECK:
- Teck Resources call volume above normal and directionally bullish
- Teck Resources upgraded to Buy from Neutral at UBS
- Teck Announces New Structure to Support Energy Transition Metals Growth
- Teck Resources price target lowered to C$78 from C$84 at Scotiabank
- Teck being watched by biggest miners as possible target, Bloomberg says