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.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PENN:
- Bet On It: DraftKings settles with former executive who now works at Fanatics
- NFL week 17 could create downside risk for sportsbooks, says Canaccord
- Bet On It: South Carolina advances legalized sports betting efforts
- Penn Entertainment launches Hollywood Casino app in Pennsylvania
- Bet On It: Gambling.com to acquire Odds Holdings for $80M upfront
