Bullish option flow detected in TripAdvisor with 4,699 calls trading, 3x expected, and implied vol increasing over 1 point to 52.59%. May-24 24 calls and Jun-24 27 calls are the most active options, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 0.16. Earnings are expected on May 7th.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TRIP:
- Apollo still a suitor for TripAdvisor, ‘ample interest’ from others, Skift says
- TripAdvisor price target raised to $20 from $18 at Jefferies
- TripAdvisor price target raised to $28 from $23 at Citi
- TripAdvisor call volume above normal and directionally bullish
- TripAdvisor price target raised to $28 from $18 at Truist
