Bullish option flow detected in PG&E with 19,769 calls trading, 4x expected, and implied vol increasing almost 2 points to 19.20%. Jun-24 17 calls and Sep-24 19 calls are the most active options, with total volume in those strikes near 15,000 contracts. The Put/Call Ratio is 0.15. Earnings are expected on July 25th.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PCG:
- Ex-Dividend Date Nearing for These 10 Stocks – Week of May 6, 2024
- PG&E, KKR enter exclusive talks related to Pacific Generation transaction
- PG&E (NYSE:PCG) Plans to Raise Funds, Sell Stake to KKR
- Third Point lists Meta, Amazon among Q1 winners, starts position in Advance Auto
- Electric Utilities: The AI Boom “Picks and Shovels” Play That’s Been Ignored