Bullish option flow detected in The Metals Company (TMC) with 19,418 calls trading, 1.6x expected, and implied vol increasing almost 15 points to 132.64%. 8/8 weekly 5 calls and 8/8 weekly 6 calls are the most active options, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 0.12. Earnings are expected on August 14th.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TMC:
- The Metals Company call volume above normal and directionally bullish
- TMC Completes Private Placement with Korea Zinc
- Buy/Sell: Wall Street’s top 10 stock calls this week
- Trump Weekly: Trump demands oil prices be kept down
- Up Over 100%: These 2 Monster Growth Stocks Earn an Upgrade