Bullish option flow detected in Redwire (RDW) with 19,134 calls trading, 2x expected, and implied vol increasing almost 2 points to 111.96%. 5/8 weekly 11 calls and 5/8 weekly 9 calls are the most active options, with total volume in those strikes near 8,100 contracts. The Put/Call Ratio is 0.15. Earnings are expected on May 6th.
Claim 55% 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:
- Redwire call volume above normal and directionally bullish
- Hershey, Sangamo, Cintas, Redwire, Toast Insider Shake-Up
- Redwire price target raised to $15 from $10.50 at Alliance Global
- Unusually active option classes on open April 22nd
- Redwire announces multi-year marketing partnership with Washington Commanders