Bullish option flow detected in Lumen (LUMN) Technologies with 9,626 calls trading, 1.6x expected, and implied vol increasing almost 2 points to 78.96%. Jan-26 12 calls and 1/10 weekly 6 calls are the most active options, with total volume in those strikes near 5,800 contracts. The Put/Call Ratio is 0.04. Earnings are expected on February 11th.
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 LUMN:
- Unusually active option classes on open December 23rd
- FedEx to separate Freight unit, Nike reports Q2 beat: Morning Buzz
- Lumen Technologies call volume above normal and directionally bullish
- Lumen kicks off process to sell consumer fiber unit, Reuters reports
- Lumen reportedly working on sale of fiber assets, says Citi