Bullish option flow detected in Redfin (RDFN) with 8,010 calls trading, 1.3x expected, and implied vol increasing almost 2 points to 95.09%. 2/28 weekly 8.5 calls and Mar-25 10 calls are the most active options, with total volume in those strikes near 2,100 contracts. The Put/Call Ratio is 0.23. Earnings are expected on February 27th.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RDFN:
- Redfin’s Financial Struggles: Sell Rating Amid Debt Challenges and Strategic Partnerships
- Redfin call volume above normal and directionally bullish
- Unusually active option classes on open February 12th
- Redfin Partners with Zillow for Rental Listings
- Zillow to be exclusive provider of multifamily rental listings on Redfin
