Bullish option flow detected in Spirit Airlines with 1,663 calls trading, 1.2x expected, and implied vol increasing almost 2 points to 37.08%. Feb-23 22.5 calls and 2/3 weekly 20.5 calls are the most active options, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 0.64. Earnings are expected on February 6th.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on SAVE:
- FAA says ‘no evidence’ of cyberattack in last week’s NOTAM outage
- Spirit Airlines to sell 29 A319ceo aircraft for $152M-$201M
- More flights delayed, canceled on Thursday after Notam glitch, WSJ reports
- FAA meltdown related to corrupted computer file, Bloomberg says
- FAA says ‘ground stop has been lifted’