Bullish option flow detected in TripAdvisor with 3,552 calls trading, 3x expected, and implied vol increasing almost 3 points to 47.78%. Jun-24 30 calls and Apr-24 30 calls are the most active options, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 0.04. Earnings are expected on May 1st.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- 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 TRIP:
- TripAdvisor call volume above normal and directionally bullish
- TripAdvisor price target raised to $28 from $18 at Truist
- Apollo has shown interest in bidding for TripAdvisor, Bloomberg says
- TripAdvisor rallies 4% to $27.74 after Bloomberg says Apollo expressed interest
- Apollo Global expressed interest in bidding for TripAdvisor, Bloomberg says