tiprankstipranks
Square call volume above normal and directionally bullish
The Fly

Square call volume above normal and directionally bullish

Bullish option flow detected in Square with 56,380 calls trading, 5x expected, and implied vol increasing almost 3 points to 63.42%. 10/11 weekly 70 calls and 10/11 weekly 71 calls are the most active options, with total volume in those strikes near 17,000 contracts. The Put/Call Ratio is 0.15. Earnings are expected on November 7th.

Don't Miss our Black Friday Offers:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App