Bullish option flow detected in Papa John’s with 8,385 calls trading, 3x expected, and implied vol increasing over 3 points to 40.26%. Jul-24 52.5 calls and Jul-24 47.5 puts are the most active options, with total volume in those strikes near 7,600 contracts. The Put/Call Ratio is 0.24. Earnings are expected on August 8th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PZZA:
- Papa Johns Brings Back Cheesy Burger Pizza This Summer, Giving the Internet Exactly What It Wants
- Papa John’s management to meet with Stephens
- Ex-Dividend Date Nearing for These 10 Stocks – Week of May 13, 2024
- Papa John’s says Q2-to-date North America comp sales down 1%
- Papa John’s price target lowered to $75 from $80 at BMO Capital