Bullish option flow detected in Opendoor Technologies (OPEN) with 46,636 calls trading, 3x expected, and implied vol increasing over 1 point to 82.85%. 2/27 weekly 5 calls and 2/27 weekly 5.5 calls are the most active options, with total volume in those strikes near 23,500 contracts. The Put/Call Ratio is 0.12. Earnings are expected on May 7th.
Claim 30% Off TipRanks
Forget margin or options. Here's how the pros trade OPENPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OPEN:
- Mixed options sentiment in Opendoor Technologies with shares down 2.74%
- Too early to tell if Opendoor’s strategic reset is working, says BTIG
- Unusually active option classes on open February 23rd
- Opendoor Earnings Call: Momentum Builds Amid Losses
- Hidden Pitfalls in Opendoor’s Warrants: Complex Terms, Expiration Traps and Market Risk for Investors
