Bullish option flow detected in Coherent (COHR) with 3,542 calls trading, 1.1x expected, and implied vol increasing over 1 point to 63.01%. 4/4 weekly 75 calls and May-25 110 calls are the most active options, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 0.31. Earnings are expected on May 6th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COHR:
- Coherent to sell epitaxial fabrication facility in Illinois
- Boeing upgraded, Lockheed downgraded: Wall Street’s top analyst calls
- Coherent upgraded to Strong Buy from Outperform at Raymond James
- Coherent launches 2x400G-FR4 Lite optical transceiver
- Coherent announces silicon photonics networking switches pact with Nvidia