Bullish option flow detected in Applovin with 6,385 calls trading, 3x expected, and implied vol increasing almost 5 points to 80.75%. 4/26 weekly 74 calls and 5/3 weekly 71 calls are the most active options, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 0.35. Earnings are expected on May 8th.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on APP: