Bullish option flow detected in Tencent with 11,533 calls trading, 6x expected, and implied vol increasing almost 12 points to 69.91%. Jan-25 17 calls and Dec-24 14 calls are the most active options, with total volume in those strikes near 6,700 contracts. The Put/Call Ratio is 0.05. Earnings are expected on November 12th.
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