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Atlassian call volume above normal and directionally bullish
The Fly

Atlassian call volume above normal and directionally bullish

Bullish option flow detected in Atlassian with 2,297 calls trading, 1.1x expected, and implied vol increasing over 3 points to 74.76%. 5/5 weekly 152.5 calls and 5/5 weekly 175 calls are the most active options, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 0.58. Earnings are expected on May 4th.

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