Bullish option flow detected in Robinhood with 31,627 calls trading, 1.2x expected, and implied vol increasing over 1 point to 52.75%. 9/27 weekly 24.5 calls and 9/27 weekly 24 calls are the most active options, with total volume in those strikes near 12,600 contracts. The Put/Call Ratio is 0.23. Earnings are expected on November 11th.
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 HOOD:
- Crypto Currents: CleanSpark acquires two bitcoin mining sites in Mississippi
- Why Robinhood Markets (NASDAQ:HOOD) Is a Long-Term Play on Millennial Wealth
- Robinhood price target raised to $27 from $23 at Piper Sandler
- The F.D.I.C. says banks need to keep record of fintech customers, NY Times says
- Robinhood reports August assets under custody $143.6B