Canopy Growth call volume above normal and directionally bullish
The Fly

Canopy Growth call volume above normal and directionally bullish

Bullish option flow detected in Canopy Growth with 14,144 calls trading, 1.4x expected, and implied vol increasing over 3 points to 102.60%. Aug-24 7 calls and Jan-26 1 (nonstd CGC1) calls are the most active options, with total volume in those strikes near 10,400 contracts. The Put/Call Ratio is 0.16. Earnings are expected on November 11th.

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