Bullish option flow detected in Ally Financial with 8,394 calls trading, 1.6x expected, and implied vol increasing almost 4 points to 86.03%. 4/6 weekly 25 calls and 3/31 weekly 18 puts are the most active options, with total volume in those strikes near 7,000 contracts. The Put/Call Ratio is 0.63. Earnings are expected on April 19th.
Published first on TheFly
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