Bullish option flow detected in Virgin Galactic with 6,997 calls trading, 5x expected, and implied vol increasing over 4 points to 117.80%. Aug-24 7.5 calls and Aug-24 7 calls are the most active options, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 0.24. Earnings are expected on November 6th.
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