Bullish option flow detected in Microchip (MCHP) with 8,221 calls trading, 3x expected, and implied vol increasing almost 3 points to 37.27%. Dec-24 70 calls and Dec-24 72.5 calls are the most active options, with total volume in those strikes near 6,500 contracts. The Put/Call Ratio is 0.38. Earnings are expected on January 30th.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MCHP:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue