Bullish option flow detected in Tencent with 2,397 calls trading, 1.4x expected, and implied vol increasing over 4 points to 41.89%. Sep-24 12 calls and Dec-24 10 puts are the most active options, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 0.48. Earnings are expected on November 12th.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TME:
- Tencent Music price target lowered to $16 from $17 at Mizuho
- Tencent Music price target lowered to $15 from $19 at Benchmark
- Tencent Music price target lowered to $15 from $18 at BofA
- Starbucks picks new CEO, Google unveils Pixel 9: Tuesday Buzz
- Tencent Music downgraded to Neutral from Outperform at Daiwa