Bullish option flow detected in Wolfspeed with 6,730 calls trading, 1.2x expected, and implied vol increasing over 1 point to 118.79%. Oct-24 9 calls and 9/27 weekly 7 puts are the most active options, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 0.65. Earnings are expected on November 4th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WOLF:
Questions or Comments about the article? Write to editor@tipranks.com