Bullish option flow detected in Offerpad Solutions (OPAD) with 35,398 calls trading, 6x expected, and implied vol increasing over 44 points to 219.24%. Sep-25 5 calls and Sep-25 7.5 calls are the most active options, with total volume in those strikes near 24,900 contracts. The Put/Call Ratio is 0.03. Earnings are expected on November 3rd.
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Read More on OPAD:
- Offerpad Solutions call volume above normal and directionally bullish
- Unusually active option classes on open September 5th
- Largest borrow rate increases among liquid names
- Closing Bell Movers: Elastic jumps 17% after Q2 earnings beat
- Offerpad Solutions enters into $100M common stock sale under existing shelf
