Bullish option flow detected in Rithm Capital with 8,748 calls trading, 6x expected, and implied vol increasing over 2 points to 38.68%. May-23 9 calls and Jan-24 10 calls are the most active options, with total volume in those strikes near 8,400 contracts. The Put/Call Ratio is 0.01. Earnings are expected on May 2nd.
Published first on TheFly
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