Bullish option flow detected in iQiyi with 23,607 calls trading, 1.0x expected, and implied vol increasing almost 3 points to 109.76%. Mar-23 7.5 calls and Jan-24 5 puts are the most active options, with total volume in those strikes near 13,100 contracts. The Put/Call Ratio is 0.42. Earnings are expected on March 1st.
Published first on TheFly
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