Bullish option flow detected in Alcoa with 21,128 calls trading, 4x expected, and implied vol increasing over 5 points to 53.93%. 12/29 weekly 30 calls and Jan-24 30 calls are the most active options, with total volume in those strikes near 5,700 contracts. The Put/Call Ratio is 0.44. Earnings are expected on January 17th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on AA: