Applovin call volume above normal and directionally bullish

Bullish option flow detected in Applovin with 5,871 calls trading, 1.4x expected, and implied vol increasing almost 5 points to 79.33%. Feb-24 35 puts and Feb-24 47.5 calls are the most active options, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 0.44. Earnings are expected on February 14th.

Claim 30% Off TipRanks