Bullish option flow detected in Advance Auto Parts (AAP) with 3,918 calls trading, 1.0x expected, and implied vol increasing over 1 point to 46.45%. 8/29 weekly 61 calls and 8/29 weekly 60 calls are the most active options, with total volume in those strikes near 1,900 contracts. The Put/Call Ratio is 0.25. Earnings are expected on November 13th.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AAP:
- Advance Auto Parts price target raised to $54 from $44 at Mizuho
- Advance Auto Parts price target lowered to $63 from $65 at DA Davidson
- Advance Auto Parts price target raised to $60 from $58 at Evercore ISI
- Advance Auto Parts price target raised to $55 from $48 at Morgan Stanley
- Advance Auto Parts price target raised to $53 from $51 at Truist
