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GoPro call volume above normal and directionally bullish
The Fly

GoPro call volume above normal and directionally bullish

Bullish option flow detected in GoPro with 2,063 calls trading, 1.1x expected, and implied vol increasing almost 10 points to 51.41%. 1/6 weekly 5 calls and 1/6 weekly 5 puts are the most active options, with total volume in those strikes near 580 contracts. The Put/Call Ratio is 0.37. Earnings are expected on February 2nd.

Published first on TheFly

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