Bullish option flow detected in Ally Financial (ALLY) with 3,821 calls trading, 2x expected, and implied vol increasing over 1 point to 41.31%. Jan-25 38 calls and Feb-25 36 calls are the most active options, with total volume in those strikes near 3,500 contracts. The Put/Call Ratio is 0.08. Earnings are expected on January 22nd.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ALLY:
- Morgan Stanley Ups Price Targets for These Five Consumer Finance Stocks
- Ally Financial price target raised to $42 from $41 at Morgan Stanley
- Ally Financial call volume above normal and directionally bullish
- Trump Trade: Analyst moves to sidelines on Capital One after Trump rally
- Ally Financial price target raised to $56 from $44 at Keefe Bruyette