Bullish option flow detected in Sonos with 3,449 calls trading, 2x expected, and implied vol increasing over 3 points to 39.78%. Mar-23 22.5 calls and Mar-23 20 calls are the most active options, with total volume in those strikes near 2,900 contracts. The Put/Call Ratio is 0.14. Earnings are expected on May 10th.
Published first on TheFly
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