Bullish option flow detected in Pac Bio with 3,087 calls trading, 1.2x expected, and implied vol increasing over 1 point to 93.71%. Dec-24 7 calls and Feb-24 7 calls are the most active options, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 0.07. Earnings are expected on February 15th.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on PACB:
- Cathie Wood’s ARK Investment bought 340K shares of PacBio today
- PacBio preliminary Q4 results support ‘bullish’ thesis, says Canaccord
- PacBio sees compound annual revenue growth of 40% to 50% through 2026
- PacBio sees Q4 revenue $58.4M, consensus $55.82M
- PacBio initiated with neutral view at Guggenheim, here’s why