Bullish option flow detected in Lumen (LUMN) Technologies with 20,108 calls trading, 5x expected, and implied vol increasing over 10 points to 74.05%. 9/5 weekly 5 calls and 9/5 weekly 5.5 calls are the most active options, with total volume in those strikes near 7,700 contracts. The Put/Call Ratio is 0.19. Earnings are expected on November 4th.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LUMN: