Bullish option flow detected in Groupon with 3,745 calls trading, 3x expected, and implied vol increasing over 2 points to 62.95%. Aug-24 13 calls and Aug-24 16 calls are the most active options, with total volume in those strikes near 2,900 contracts. The Put/Call Ratio is 0.09. Earnings are expected on August 8th.
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 GRPN:
- Groupon Shareholders Approve Directors and Executive Pay
- Short Report: GroupOn bears refresh their bets as shares bounce
- GRPN Earnings: Groupon Surges After Finally Returning a Growth in Revenue
- Groupon reports Q1 EPS (33c) vs. (95c) last year
- Groupon options imply 15.2% move in share price post-earnings