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Virgin Galactic call volume above normal and directionally bullish
The Fly

Virgin Galactic call volume above normal and directionally bullish

Bullish option flow detected in Virgin Galactic with 3,011 calls trading, 1.7x expected, and implied vol increasing over 5 points to 127.17%. Jan-25 9 calls and 8/9 weekly 6.5 calls are the most active options, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 0.15. Earnings are expected on November 6th.

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