Bullish option flow detected in Confluent (CFLT) with 11,167 calls trading, 1.7x expected, and implied vol increasing almost 5 points to 59.34%. Mar-25 33 calls and Mar-25 30 calls are the most active options, with total volume in those strikes near 7,300 contracts. The Put/Call Ratio is 0.04. Earnings are expected on May 7th.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CFLT:
- Confluent call volume above normal and directionally bullish
- The 3 Reasons Behind the Monster Confluent (NASDAQ:CFLT) Stock Rally
- Confluent’s Earnings Call Highlights Growth and Profitability
- CVS Health, Lyft report Q4 results: Morning Buzz
- Confluent price target raised to $35 from $27 at Scotiabank
