Bullish option flow detected in Uniti Group with 6,518 calls trading, 4x expected, and implied vol increasing over 19 points to 63.14%. Nov-24 7 calls and May-25 6 calls are the most active options, with total volume in those strikes near 6,100 contracts. The Put/Call Ratio is 0.01. Earnings are expected on November 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 UNIT:
- Uniti Group and Windstream Holdings Announce Merger Plans
- Uniti Group call volume above normal and directionally bullish
- Uniti Group announces contract award with large hyperscaler
- Uniti Group Proposes Merger with New Uniti, Details Pending
- Uniti Group sees FY24 revenue $1.154B-$1.174B, consensus $1.16B