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.
Don’t Miss TipRanks’ Half Year Sale
- Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MCHP: