Bullish option flow detected in Futu Holdings (FUTU) with 15,627 calls trading, 2x expected, and implied vol increasing almost 15 points to 99.02%. Jan-26 85 calls and 4/25 weekly 100 calls are the most active options, with total volume in those strikes near 5,800 contracts. The Put/Call Ratio is 0.61. Earnings are expected on May 27th.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FUTU:
- Unusually active option classes on open April 7th
- Futu Holdings price target raised to $136 from $130 at UBS
- Futu Holdings call volume above normal and directionally bullish
- Futu Holdings price target raised to $170 from $160 at JPMorgan
- Futu Holdings price target raised to $143.60 from $129.50 at BofA