Bullish option flow detected in Upstart Holdings with 36,812 calls trading, 4x expected, and implied vol increasing over 2 points to 66.56%. 6/14 weekly 28 calls and 6/14 weekly 30 calls are the most active options, with total volume in those strikes near 5,100 contracts. The Put/Call Ratio is 0.27. Earnings are expected on August 6th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UPST:
- BTIG starts Upstart at Sell, says company has yet to prove path to profitability
- Upstart initiated with a Sell at BTIG
- Upstart Holdings call volume above normal and directionally bullish
- Flutter initiated, SentinelOne upgraded: Wall Street’s top analyst calls
- Upstart upgraded to Neutral from Sell at Redburn Atlantic