Bullish option flow detected in Sirius XM with 3,539 calls trading, 1.1x expected, and implied vol increasing over 1 point to 32.44%. Feb-23 5 puts and Mar-23 5 calls are the most active options, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 0.53. Earnings are expected on April 27th.
Published first on TheFly
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