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Globalstar call volume above normal and directionally bullish

Globalstar call volume above normal and directionally bullish

Bullish option flow detected in Globalstar (GSAT) with 5,517 calls trading, 1.1x expected, and implied vol increasing almost 27 points to 114.67%. Mar-25 2 (nonstd GSAT1) calls and Feb-25 2 (nonstd GSAT1) calls are the most active options, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 0.01. Earnings are expected on March 3rd.

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