Bullish option flow detected in iQiyi with 19,409 calls trading, 1.4x expected, and implied vol increasing almost 3 points to 113.63%. Mar-23 7.5 calls and 2/3 weekly 8 calls are the most active options, with total volume in those strikes near 6,300 contracts. The Put/Call Ratio is 0.11. Earnings are expected on March 1st.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on IQ:
- iQiyi call volume above normal and directionally bullish
- 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
