Bullish option flow detected in Rite Aid with 3,860 calls trading, 3x expected, and implied vol increasing over 5 points to 109.41%. Nov-22 6.5 calls and Nov-22 6 calls are the most active options, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 0.14. Earnings are expected on December 20th.
Published first on TheFly
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