Bullish option flow detected in iQiyi with 22,460 calls trading, 1.1x expected, and implied vol increasing almost 3 points to 111.01%. Feb-23 8.5 calls and Feb-23 7.5 calls are the most active options, with total volume in those strikes near 11,600 contracts. The Put/Call Ratio is 0.07. Earnings are expected on March 1st.
Published first on TheFly
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