Bullish option flow detected in Coty with 1,246 calls trading, 1.2x expected, and implied vol increasing over 1 point to 35.17%. Nov-23 12 calls and 10/6 weekly 12 puts are the most active options, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 0.54. Earnings are expected on November 8th.
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Read More on COTY:
- Coty moving forward with Paris share sale, Bloomberg reports
- Coty call volume above normal and directionally bullish
- Unusually active option classes on open September 20th
- Coty (NYSE:COTY) Rises on Guidance Boost
- Coty raises FY23 adjusted EBITDA view to $1.075B-1.085B from $1.065B-1.075B
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