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
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