Bullish option flow detected in Reddit (RDDT) Inc with 30,096 calls trading, 1.6x expected, and implied vol increasing over 1 point to 68.15%. Jun-25 140 calls and 6/6 weekly 117 calls are the most active options, with total volume in those strikes near 10,000 contracts. The Put/Call Ratio is 0.16. Earnings are expected on July 31st.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RDDT:
- Reddit initiated, Pinterest upgraded: Wall Street’s top analyst calls
- Reddit initiated with a Sector Perform at RBC Capital
- Reddit’s (RDDT) Rollercoaster Ride Enters Buy-the-Dip Territory
- X covered some losses when banks sold debt, FT reports
- Morning News Wrap-Up: Thursday’s Biggest Stock Market Stories