Bullish option flow detected in Penn National with 12,485 calls trading, 5x expected, and implied vol increasing over 3 points to 54.70%. 5/30 weekly 16 calls and Jun-25 17.5 calls are the most active options, with total volume in those strikes near 10,800 contracts. The Put/Call Ratio is 0.01. Earnings are expected on August 11th.
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:
- Penn Entertainment issues shareholder letter in response to HG Vora
- PENN Entertainment, Shake Shack partner to bring brand to PENN properties
- HG Vora says Penn Entertainment director plans ‘unacceptable’
- Penn Entertainment issues letter to shareholders regarding board candidates
- PENN Entertainment Highlights Strategic Priorities in Shareholder Letter
