Bullish option flow detected in ZIM Integrated (ZIM) Shipping Services with 10,880 calls trading, 1.1x expected, and implied vol increasing almost 10 points to 68.27%. 2/6 weekly 23 calls and Feb-26 25 calls are the most active options, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 0.27. Earnings are expected on March 11th.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ZIM:
- ZIM Integrated price target raised to $21 from $15 at Goldman Sachs
- ZIM Stock Surges as Takeover Buzz Meets Regulatory Heat
- Companies Authority cools ZIM sale with warning to chairman, CTech says
- ZIM Shareholders Approve Board and Auditor but Reject New Pay Policy
- ZIM Integrated Shipping Services call volume above normal and directionally bullish
