Okta call volume above normal and directionally bullish
The Fly

Okta call volume above normal and directionally bullish

Bullish option flow detected in Okta with 2,311 calls trading, 1.2x expected, and implied vol increasing over 1 point to 66.45%. May-24 100 calls and 5/3 weekly 96 calls are the most active options, with total volume in those strikes near 750 contracts. The Put/Call Ratio is 0.38. Earnings are expected on May 29th.

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