Bullish option flow detected in Coherent (COHR) with 9,329 calls trading, 3x expected, and implied vol increasing over 4 points to 72.78%. Apr-25 80 calls and Apr-25 125 calls are the most active options, with total volume in those strikes near 8,100 contracts. The Put/Call Ratio is 0.33. Earnings are expected on May 6th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COHR:
- Coherent introduces optical transport solution with multi-rail technology
- Coherent announces general availability of 800G ZR/ZR+ transceiver
- Coherent call volume above normal and directionally bullish
- Coherent to sell epitaxial fabrication facility in Illinois
- Boeing upgraded, Lockheed downgraded: Wall Street’s top analyst calls