Bullish option flow detected in Redwire (RDW) with 27,670 calls trading, 3x expected, and implied vol increasing over 1 point to 110.02%. Jan-26 10 calls and 11/7 weekly 8 calls are the most active options, with total volume in those strikes near 15,200 contracts. The Put/Call Ratio is 0.03. Earnings are expected on November 5th.
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 RDW:
- Unusually active option classes on open November 5th
- Redwire price target lowered to $20 from $28 at Cantor Fitzgerald
- Redwire Corporation: Buy Rating Affirmed Amid Strategic Growth and Profitability Prospects
- Redwire price target lowered to $11 from $13 at Truist
- Redwire subsidiary partners with Red Cat on quadcopter integration