Bullish option flow detected in Futu Holdings with 11,685 calls trading, 5x expected, and implied vol increasing over 2 points to 52.03%. Feb-24 55 calls and 1/26 weekly 47 puts are the most active options, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 0.23. Earnings are expected on March 28th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on FUTU:
- Futu Holdings call volume above normal and directionally bullish
- Rivian downgraded, Instacart upgraded: Wall Street’s top analyst calls
- Unusually active option classes on open January 17th
- JPMorgan upgrades Futu on attractive valuation after selloff
- Futu Holdings upgraded to Overweight from Neutral at JPMorgan