Bullish option flow detected in iQiyi with 32,458 calls trading, 1.6x expected, and implied vol increasing over 12 points to 108.30%. Feb-23 7.5 calls and Feb-23 6.5 calls are the most active options, with total volume in those strikes near 20,500 contracts. The Put/Call Ratio is 0.10. Earnings are expected on March 1st.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on IQ:
- iQiyi put volume heavy and directionally bearish
- iQIYI upgraded to Equal Weight at Morgan Stanley with liquidity overhang removed
- iQIYI upgraded to Equal Weight from Underweight at Morgan Stanley
- iQIYI 76.5M share Spot Secondary priced at $5.90
- iQIYI 76.5M share Spot Secondary; price range $5.90-$6.00
