Bullish option flow detected in Gitlab with 17,529 calls trading, 18x expected, and implied vol increasing almost 5 points to 90.56%. 9/29 weekly 60 calls and 9/8 weekly 70 calls are the most active options, with total volume in those strikes near 5,400 contracts. The Put/Call Ratio is 0.56. Earnings are expected on September 5th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% 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 the top stocks recommended by analysts >>
Read More on GTLB:
- GitLab (NASDAQ:GTLB) Gains on Q2 Beat
- Global DevSecOps Report on AI Shows Cybersecurity and Privacy Concerns Create an Adoption Dilemma
- GitLab Reports Second Quarter Fiscal Year 2024 Financial Results
- Options Volatility and Implied Earnings Moves Today, September 05, 2023
- Options Volatility and Implied Earnings Moves This Week, September 05 – September 08, 2023