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Virgin Galactic call volume above normal and directionally bullish

Virgin Galactic call volume above normal and directionally bullish

Bullish option flow detected in Virgin Galactic (SPCE) with 9,747 calls trading, 2x expected, and implied vol increasing almost 4 points to 96.59%. 1/3 weekly 6.5 calls and 1/3 weekly 7 calls are the most active options, with total volume in those strikes near 5,500 contracts. The Put/Call Ratio is 0.18. Earnings are expected on February 25th.

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