Bullish option flow detected in Credo Technology Group with 1,641 calls trading, 1.2x expected, and implied vol increasing almost 3 points to 63.06%. Nov-24 40 calls and Oct-24 30 calls are the most active options, with total volume in those strikes near 550 contracts. The Put/Call Ratio is 0.04. Earnings are expected on November 27th.
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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRDO:
- Credo Technology Group call volume above normal and directionally bullish
- Credo Technology CEO sells $3.7M in common stock
- Verizon making $20B fiber buy, Topgolf and Fortive splitting up: Morning Buzz
- Credo Technology price target raised to $38 from $30 at Craig-Hallum
- Credo Technology price target raised to $27 from $25 at BofA