Bullish option flow detected in Nextracker Inc with 2,872 calls trading, 1.4x expected, and implied vol increasing over 1 point to 49.39%. Jul-24 50 calls and Jul-24 45 puts are the most active options, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 0.32. Earnings are expected on July 31st.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NXT:
- NEXTracker (NASDAQ:NXT) Sees Significant Growth in Solar Power Boom
- Nextracker acquires Ojjo in all-cash transaction for $119M
- NEXTracker Welcomes Jeffrey Guldner to Board of Directors
- Texas Pacific Land, Warner Music, Nextracker, Altair, RB Global to join S&P 400
- Navigating Uncertainty: The Challenges of NEXTracker’s Fluctuating Backlog and Revenue Projections