tiprankstipranks

Penn National call volume above normal and directionally bullish

Penn National call volume above normal and directionally bullish

Bullish option flow detected in Penn National with 10,329 calls trading, 3x expected, and implied vol increasing over 1 point to 47.55%. Jan-25 20 calls and 1/10 weekly 19 puts are the most active options, with total volume in those strikes near 8,700 contracts. The Put/Call Ratio is 0.36. Earnings are expected on February 20th.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue