Bullish option flow detected in Gap with 17,146 calls trading, 4x expected, and implied vol increasing almost 5 points to 72.22%. May-24 22.5 calls and 5/24 weekly 21.5 calls are the most active options, with total volume in those strikes near 15,700 contracts. The Put/Call Ratio is 0.05. Earnings are expected on May 30th.
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>>
Read More on GPS: