Bullish option flow detected in Virgin Galactic with 11,655 calls trading, 3x expected, and implied vol increasing over 16 points to 171.10%. Aug-24 9 calls and 7/12 weekly 8 calls are the most active options, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 0.11. Earnings are expected on July 30th.
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