Bullish option flow detected in Lumen (LUMN) Technologies with 36,774 calls trading, 2x expected, and implied vol increasing almost 7 points to 100.48%. Jan-26 7 calls and Jan-26 12 calls are the most active options, with total volume in those strikes near 5,500 contracts. The Put/Call Ratio is 0.15. Earnings are expected on October 30th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LUMN:
- Unusually active option classes on open October 27th
- PLTR vs. NVDA: Which AI Stock Is a Better Pick, According to Analysts?
- Unusually active option classes on open October 24th
- Palantir (PLTR) and Lumen Form ‘Multi-Million-Dollar Strategic Partnership’
- Lumen, Palantir partner on enterprise AI deployment