Bullish option flow detected in UWM Holdings Corp with 11,367 calls trading, 5x expected, and implied vol increasing almost 7 points to 58.23%. 5/10 weekly 7 calls and Nov-24 4 puts are the most active options, with total volume in those strikes near 11,200 contracts. The Put/Call Ratio is 0.03. Earnings are expected on May 9th.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UWMC:
- UWM Holdings Corp call volume above normal and directionally bullish
- Mr. Cooper price target raised to $80 from $74 at Jefferies
- UWM Holdings upgraded to Market Perform from Underperform at Keefe Bruyette
- UWM falls after Hunterbrook report on pressuring mortgage brokers
- UWM falls after Hunterbrook report on pressuring brokers