Bullish option flow detected in Reddit (RDDT) Inc with 29,668 calls trading, 1.6x expected, and implied vol increasing almost 2 points to 71.00%. 5/30 weekly 110 calls and 5/30 weekly 120 calls are the most active options, with total volume in those strikes near 4,600 contracts. The Put/Call Ratio is 0.22. Earnings are expected on July 31st.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RDDT:
- Reddit Stock (RDDT) Pops on News It’s Being Added to the Russell 2000 Index
- Reddit to join Russell 3000 Index
- Reddit Inc: Balancing Growth Opportunities with Traffic Dependency Risks
- Google’s AI Search is ‘Beginning of the End’ for Reddit, says Wells Fargo Analyst
- Reddit Stock (RDDT) Dive Continues on Google AI Mode Analyst Downgrades
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue