Bullish option flow detected in Gorilla (GRRR) Technology Group Inc with 16,987 calls trading, 2x expected, and implied vol increasing almost 14 points to 112.65%. 7/11 weekly 25 calls and 7/11 weekly 23 calls are the most active options, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 0.32. Earnings are expected on September 16th.
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- Gorilla prices 6M shares at $17.50 per share in registered direct offering
- Gorilla Technology Group Inc call volume above normal and directionally bullish
