Bullish option flow detected in TripAdvisor with 3,552 calls trading, 3x expected, and implied vol increasing almost 3 points to 47.78%. Jun-24 30 calls and Apr-24 30 calls are the most active options, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 0.04. Earnings are expected on May 1st.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TRIP:
- TripAdvisor call volume above normal and directionally bullish
- TripAdvisor price target raised to $28 from $18 at Truist
- Apollo has shown interest in bidding for TripAdvisor, Bloomberg says
- TripAdvisor rallies 4% to $27.74 after Bloomberg says Apollo expressed interest
- Apollo Global expressed interest in bidding for TripAdvisor, Bloomberg says