Bullish option flow detected in M&T Bank with 3,218 calls trading, 5x expected, and implied vol increasing over 1 point to 38.66%. May-23 130 calls and May-23 105 puts are the most active options, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 0.20. Earnings are expected on July 19th.
Published first on TheFly
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