3M call volume above normal and directionally bullish
The Fly

3M call volume above normal and directionally bullish

Bullish option flow detected in 3M with 7,815 calls trading, 1.1x expected, and implied vol increasing over 2 points to 28.29%. Nov-24 145 calls and 10/25 weekly 138 calls are the most active options, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 0.46. Earnings are expected on October 29th.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App