Bullish option flow detected in Square with 41,376 calls trading, 3x expected, and implied vol increasing almost 4 points to 44.18%. 11/22 weekly 90 calls and Jan-25 130 calls are the most active options, with total volume in those strikes near 9,500 contracts. The Put/Call Ratio is 0.15. Earnings are expected on February 27th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SQ:
- Shopify vs. Block: Which E-Commerce and Fintech Stock Is the Better Buy?
- BNPL company Klarna confidentially files for U.S. IPO, Reuters reports
- Crypto executives lobby Trump, allies to capitalize on election, NY Times says
- Block price target raised to $120 from $95 at Canaccord
- Pinterest, Cisco upgraded: Wall Street’s top analyst calls