Bullish option flow detected in Quantumscape (QS) with 7,817 calls trading, 1.5x expected, and implied vol increasing over 1 point to 73.25%. 10/25 weekly 5.5 calls and 10/25 weekly 5 puts are the most active options, with total volume in those strikes near 1,700 contracts. The Put/Call Ratio is 0.26. Earnings are expected on October 23rd.
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 QS:
- Options Volatility and Implied Earnings Moves This Week, October 21 – October 25, 2024
- QS Earnings this Week: How Will it Perform?
- Quantumscape call volume above normal and directionally bullish
- Swedish battery maker Northvolt to cut 1,600 jobs amid automotive headwinds
- Election 2024: Where To Put Your Money Ahead of the Vote