Bullish option flow detected in Spirit AeroSystems with 4,380 calls trading, 1.9x expected, and implied vol increasing over 1 point to 64.71%. Oct-23 20 calls and Jan-24 16 puts are the most active options, with total volume in those strikes near 3,600 contracts. The Put/Call Ratio is 0.21. Earnings are expected on November 1st.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on SPR:
- Spirit AeroSystems price target lowered to $17.70 from $25 at TD Cowen
- Spirit AeroSystems call volume above normal and directionally bullish
- Boeing (NYSE:BA) Expects to Barely Meet Deliveries Target
- Spirit sees building about 65-70 units for A220 this year
- Spirit CEO says ‘probably going to be at low end’ of Boeing guidance this year