PG&E call volume above normal and directionally bullish
The Fly

PG&E call volume above normal and directionally bullish

Bullish option flow detected in PG&E with 8,462 calls trading, 2x expected, and implied vol increasing over 4 points to 19.97%. Sep-24 20 calls and Oct-24 20 calls are the most active options, with total volume in those strikes near 5,000 contracts. The Put/Call Ratio is 0.27. Earnings are expected on October 24th.

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

Related Articles
TheFlyPG&E call volume above normal and directionally bullish
TheFlyPG&E price target raised to $24 from $20.50 at Ladenburg
Michael MarcusBank of America Says It’s Time to Reconsider California Utility Stocks — Here Are 2 Top Picks
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App