Bullish option flow detected in Forward Air with 3,686 calls trading, 3x expected, and implied vol increasing almost 4 points to 87.43%. Sep-24 35 calls and Jan-25 30 puts are the most active options, with total volume in those strikes near 3,600 contracts. The Put/Call Ratio is 0.04. Earnings are expected on November 6th.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FWRD:
- Forward Air call volume above normal and directionally bullish
- Short Report: Bearish positioning in Cinemark caves as shares shine
- Medtronic, Palo Alto Networks report quarterly beats: Morning Buzz
- Acora urges Forward Air to launch review, consider sale, Reuters reports
- Forward Air price target raised to $24 from $17 at Baird