Bullish option flow detected in VinFast Auto LTD with 12,848 calls trading, 8x expected, and implied vol increasing over 4 points to 144.34%. Jun-24 7.5 calls and 5/24 weekly 5.5 calls are the most active options, with total volume in those strikes near 6,600 contracts. The Put/Call Ratio is 0.52. Earnings are expected on September 19th.
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 VFS:
- Largest borrow rate increases among liquid names
- VinFast Auto price target lowered to $8 from $9 at Cantor Fitzgerald
- VFS Earnings: VinFast Gains on Q1 Numbers
- Levi & Korsinsky LLP Reminds Shareholders of a Lead Plaintiff Deadline of June 11, 2024 in VinFast Auto Lawsuit – VFS
- VinFast Auto files to sell 5.1M shares of common stock for holders