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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 3,539 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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