Bullish option flow detected in Magnite Inc with 9,977 calls trading, 5x expected, and implied vol increasing over 6 points to 74.35%. Nov-24 12.75 calls and Jun-25 9.5 puts are the most active options, with total volume in those strikes near 7,000 contracts. The Put/Call Ratio is 0.39. Earnings are expected on November 7th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MGNI:
- Lake Street reiterates Buy on Magnite, sees ‘no change’ to Disney relationship
- Magnite share weakness following podcast comments overdone, says B. Riley
- Needham says market reaction ‘overdone,’ recommends buying Magnite
- Pullback creates opportunity in Magnite shares, says Craig-Hallum
- Old headline presents ‘new opportunity’ to buy Magnite shares, says Benchmark