Bullish option flow detected in New Oriental Education with 3,467 calls trading, 1.7x expected, and implied vol increasing over 2 points to 81.60%. Apr-23 45 calls and Jan-23 2.5 (nonstd EDU1) puts are the most active options, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 0.56. Earnings are expected on January 17th.
Published first on TheFly
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