Bullish option flow detected in EchoStar (SATS) with 8,419 calls trading, 1.2x expected, and implied vol increasing over 6 points to 65.91%. Nov-25 90 calls and 10/24 weekly 85 calls are the most active options, with total volume in those strikes near 5,900 contracts. The Put/Call Ratio is 0.10. Earnings are expected on November 10th.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SATS:
- Hughes, Celona to deliver fully managed private wireless networks
- Citi opens ‘upside 90-day catalyst watch’ on EchoStar
- Video: EchoStar up after report of spectrum sale talks with Verizon
- Morning Movers: Spotify drops after announcing leadership succession plans
- Verizon in talks to buy some EchoStar wireless spectrum, Bloomberg says