Bullish option flow detected in EchoStar (SATS) with 15,696 calls trading, 1.7x expected, and implied vol increasing over 6 points to 71.82%. Mar-26 130 calls and 3/6 weekly 130 calls are the most active options, with total volume in those strikes near 3,500 contracts. The Put/Call Ratio is 0.39. Earnings are expected on March 2nd.
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Read More on SATS:
- SpaceX may confidentially file for IPO as soon as March, Bloomberg says
- EchoStar up 10% at $119.10 following report of potential SpaceX IPO next month
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- Icahn boosts stakes in Centuri and Monro, reduces stake in International Flavors
- Is SATS a Buy, Before Earnings?
