Bullish option flow detected in Ambarella with 5,317 calls trading, 4x expected, and implied vol increasing over 1 point to 57.25%. Jan-23 90 calls and 12/23 weekly 90 calls are the most active options, with total volume in those strikes near 4,100 contracts. The Put/Call Ratio is 0.08. Earnings are expected on February 28th.
Published first on TheFly
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