Bullish option flow detected in Robinhood with 78,022 calls trading, 1.7x expected, and implied vol increasing over 3 points to 65.27%. 3/8 weekly 17.5 calls and Mar-24 18 calls are the most active options, with total volume in those strikes near 17,800 contracts. The Put/Call Ratio is 0.15. Earnings are expected on May 8th.
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>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on HOOD:
- Robinhood CEO Tenev sells 250,000 class A shares
- Robinhood CEO Tenev sells 500,000 class A shares
- Robinhood Markets, Inc. to Present at the JMP Securities Technology Conference on March 4, 2024
- Robinhood call volume above normal and directionally bullish
- Reddit planning to sell stock to biggest users in unusual IPO wager, WSJ says