Bullish option flow detected in Peloton (PTON) Interactive with 131,156 calls trading, 3x expected, and implied vol increasing almost 10 points to 87.58%. Jul-25 10 calls and 6/13 weekly 9 calls are the most active options, with total volume in those strikes near 59,300 contracts. The Put/Call Ratio is 0.05. Earnings are expected on August 28th.
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Read More on PTON:
- U.S. payrolls rise 139,000, Broadcom reports Q2 beat: Morning Buzz
- Peloton looks to place equipment in gyms, launch marketplace, TechCrunch says
- Peloton’s Strategic Initiatives and Margin Improvements Justify Buy Rating
- Peloton Interactive call volume above normal and directionally bullish
- Peloton’s ‘Repowered’ Marketplace: A Strategic Move to Boost Revenue and Brand Loyalty
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