Bullish option flow detected in Permian Resources with 5,608 calls trading, 3x expected, and implied vol increasing over 1 point to 47.75%. Apr-24 20 calls and Jan-24 17 calls are the most active options, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 0.15. Earnings are expected on November 7th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on PR:
- Permian Resources price target raised to $16 from $14 at Roth MKM
- Earthstone Energy announces expiration of Hart-Scott-Rodino act waiting period
- Permian Resources price target raised to $17 from $13 at TD Cowen
- Permian Resources price target raised to $19 from $18 at Truist
- Permian Resources 21.45M share Spot Secondary priced at $13.05
