Upstart Holdings call volume above normal and directionally bullish

Bullish option flow detected in Upstart Holdings with 11,648 calls trading, 1.1x expected, and implied vol increasing almost 5 points to 111.14%. Jan-25 100 calls and 4/12 weekly 27 calls are the most active options, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 0.40. Earnings are expected on May 7th.

Claim 30% Off TipRanks