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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 (SPCE) with 15,028 calls trading, 2x expected, and implied vol increasing almost 10 points to 89.98%. Jan-25 7 calls and 1/3 weekly 7 calls are the most active options, with total volume in those strikes near 4,800 contracts. The Put/Call Ratio is 0.10. Earnings are expected on February 25th.

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