Bullish option flow detected in Vornado with 3,250 calls trading, 2x expected, and implied vol increasing over 4 points to 54.86%. Oct-23 25 calls and Jan-25 20 calls are the most active options, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 0.26. Earnings are expected on October 30th.
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Read More on VNO:
- Vornado price target raised to $24 from $18 at BofA
- Vornado reports Q2 AFFO 72c, consensus 64c
- Vornado Announces Second Quarter 2023 Financial Results
- Vornado options imply 8.0% move in share price post-earnings
- Is VNO a Buy, Before Earnings?
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