Bullish option flow detected in JetBlue with 8,589 calls trading, 5x expected, and implied vol increasing almost 22 points to 81.37%. 9/6 weekly 5 calls and 9/13 weekly 5.5 calls are the most active options, with total volume in those strikes near 4,400 contracts. The Put/Call Ratio is 0.11. Earnings are expected on October 29th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JBLU:
- Morning Movers: JetBlue gains following Q3 guidance bump
- JetBlue raises Q3 revenue view to down 2.5% to up 1% from down 1.5%-5.5%
- JetBlue sees FY24 interest expense $370M-$380M
- JetBlue’s Strategic Success: Improved Performance and Revenue Growth
- JetBlue call volume above normal and directionally bullish
