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Red Cat Holdings call volume above normal and directionally bullish
The Fly

Red Cat Holdings call volume above normal and directionally bullish

Bullish option flow detected in Red Cat (RCAT) Holdings with 14,850 calls trading, 1.7x expected, and implied vol increasing almost 44 points to 204.64%. 1/31 weekly 10 calls and 2/14 weekly 10 calls are the most active options, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 0.23. Earnings are expected on March 17th.

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