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Faraday Future Intelligent Electric call volume above normal and directionally bullish
The Fly

Faraday Future Intelligent Electric call volume above normal and directionally bullish

Bullish option flow detected in Faraday Future Intelligent Electric with 9,594 calls trading, 2x expected, and implied vol increasing almost 112 points to 415.38%. 8/30 weekly 7 calls and Sep-24 5 calls are the most active options, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 0.45. Earnings are expected on November 11th.

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