Bullish option flow detected in Splunk with 4,712 calls trading, 1.5x expected, and implied vol increasing over 1 point to 47.77%. Mar-23 90 calls and Feb-23 95 calls are the most active options, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 0.50. Earnings are expected on March 1st.
Published first on TheFly
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