Mercer call volume above normal and directionally bullish

Bullish option flow detected in Mercer with 8,690 calls trading, 2x expected, and implied vol increasing over 2 points to 59.52%. Nov-23 10 calls and Nov-23 12.5 calls are the most active options, with total volume in those strikes near 5,700 contracts. The Put/Call Ratio is 0.00. Earnings are expected on November 2nd.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on MERC:

Disclaimer & DisclosureReport an Issue