Bullish option flow detected in Under Armour (UAA) Class A with 5,007 calls trading, 9x expected, and implied vol increasing almost 3 points to 48.00%. Apr-25 7.5 calls and Jul-25 7.5 calls are the most active options, with total volume in those strikes near 4,500 contracts. The Put/Call Ratio is 0.02. Earnings are expected on May 15th.
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Read More on UAA:
- Under Armour initiated with a Neutral at KGI Securities
- Unusually active option classes on open March 4th
- Under Armour Class A put volume heavy and directionally bearish
- Under Armour price target lowered to $8 from $11 at Barclays
- Under Armour (UAA) Continues Its Turnaround Journey …But Challenges Remain
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