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.
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 FFIE:
- Largest borrow rate increases among liquid names
- Notable open interest changes for August 20th
- Charged: Analyst âbefuddledâ on FSD ahead of Tesla robotaxi event
- Upcoming Stock Splits This Week (August 19 to August 23) – Stay Invested
- Faraday Future Intelligent Electric trading halted, news pending
