Bullish option flow detected in Applovin with 2,019 calls trading, 1.3x expected, and implied vol increasing over 1 point to 56.49%. Jul-23 25 calls and Aug-23 20 calls are the most active options, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 0.05. Earnings are expected on August 9th.
Published first on TheFly
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