Bullish option flow detected in British American Tobacco with 6,691 calls trading, 4x expected, and implied vol increasing over 1 point to 18.14%. Jan-26 35 calls and Jun-24 32 calls are the most active options, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 0.29. Earnings are expected on July 25th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BTI:
- BTI Stock (NYSE:BTI): Michael Burry’s Biggest Position No One’s Talking About
- British American Tobacco price target lowered to 3,450 GBp at Deutsche Bank
- British American Tobacco put volume heavy and directionally bearish
- British American Tobacco Share Buyback Update
- British American Tobacco Completes Share Buyback