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Sirius XM call volume above normal and directionally bullish
The Fly

Sirius XM call volume above normal and directionally bullish

Bullish option flow detected in Sirius XM with 3,788 calls trading, 1.2x expected, and implied vol increasing over 2 points to 32.94%. Nov-22 7 calls and Mar-23 6 puts are the most active options, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 0.10. Earnings are expected on November 1st.

Published first on TheFly

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