tiprankstipranks
Advertisement
Advertisement

Reddit Inc call volume above normal and directionally bullish

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.

Claim 30% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1