Bullish option flow detected in PG&E (PCG) with 16,550 calls trading, 2x expected, and implied vol increasing almost 2 points to 31.05%. 5/1 weekly 17 calls and 5/8 weekly 17.5 calls are the most active options, with total volume in those strikes near 15,400 contracts. The Put/Call Ratio is 0.05. Earnings are expected on July 30th.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PCG:
- PG&E’s One-Segment Reporting Masks Business-Line Risk, Volatility and Emerging Credit and Wildfire Exposures
- PG&E Earnings Call Highlights Growth, Risk, and Reform
- PG&E reports Q1 EPS 43c, consensus 40c
- PG&E backs FY26 core EPS view $1.64-$1.66, consensus $1.65
- PG&E price target raised to $23 from $22 at BofA