Bullish option flow detected in DigitalOcean (DOCN) Holdings with 11,446 calls trading, 3x expected, and implied vol increasing over 2 points to 70.17%. Jan-27 75 calls and 3/13 weekly 73 calls are the most active options, with total volume in those strikes near 4,800 contracts. The Put/Call Ratio is 0.08. Earnings are expected on May 6th.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DOCN:
- DigitalOcean price target lowered to $62 from $68 at UBS
- DigitalOcean’s 2030 Convertible Notes Hedge Poses Complex Dilution, Pricing, and Counterparty Risks
- DigitalOcean price target raised to $85 from $60 at Oppenheimer
- DigitalOcean price target raised to $83 from $68 at Cantor Fitzgerald
- DigitalOcean price target raised to $68 from $48 at UBS