Bullish flow in BlackBerry (BB), with shares up 24c, or 4.77%, near $5.38. Options volume roughly in line with average with 49k contracts traded and calls leading puts for a put/call ratio of 0.38, compared to a typical level near 0.36. Implied volatility (IV30) is higher by 6.4 points near 61.9,and above the 52wk median, suggesting an expected daily move of $0.21. Put-call skew flattened, suggesting a modestly bullish tone.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BB:
- BlackBerry rises 15.7%
- Unusually active option classes on open April 20th
- Balancing BlackBerry’s Security Inflection and Reinvestment Risks: TD Cowen Maintains Hold Rating
- Unusually active option classes on open April 13th
- After 20 Years, Canada’s BlackBerry (BB) Completes Transition from Smartphones
