Bullish option flow detected in Teck Resources (TECK) with 6,275 calls trading, 2x expected, and implied vol increasing over 1 point to 35.55%. Nov-24 53 calls and Jan-25 47 puts are the most active options, with total volume in those strikes near 5,000 contracts. The Put/Call Ratio is 0.43. Earnings are expected on February 19th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TECK:
- Teck Resources price target raised to C$75 from C$74 at Raymond James
- Teck Resources price target raised to C$75 from C$74 at Scotiabank
- Teck Resources Aims for Major Copper Growth by 2030
- Teck Resources details copper growth strategy at investor day
- Teck Resources to Unveil Future Plans at Strategy Day