Bullish option flow detected in PG&E (PCG) with 19,081 calls trading, 3x expected, and implied vol increasing over 11 points to 42.14%. 2/13 weekly 17 calls and Mar-26 17 calls are the most active options, with total volume in those strikes near 14,500 contracts. The Put/Call Ratio is 0.10. Earnings are expected on February 12th.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PCG:
- PCG Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Itron, PG&E expand collaboration to create more reliable, flexible grid
- Lockheed Martin, PG&E, Salesforce, Wells Fargo announce launch of Emberpoint
- PG&E call volume above normal and directionally bullish
- PG&E price target raised to $21 from $20 at Morgan Stanley
