Bullish option flow detected in Lumen Technologies with 5,935 calls trading, 1.4x expected, and implied vol increasing almost 3 points to 63.85%. Jan-24 4 puts and Mar-23 5 calls are the most active options, with total volume in those strikes near 3,300 contracts. The Put/Call Ratio is 0.55. Earnings are expected on February 7th.
Published first on TheFly
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