Bullish option flow detected in Valley National with 13,099 calls trading, 10x expected, and implied vol increasing almost 23 points to 102.03%. May-23 10 calls and May-23 12 calls are the most active options, with total volume in those strikes near 7,500 contracts. The Put/Call Ratio is 0.06. Earnings are expected on July 27th.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on VLY:
- Valley National call volume above normal and directionally bullish
- Valley National reports Q1 adjusted EPS 30c, consensus 33c
- Valley National Bancorp Announces First Quarter 2023 Results
- VLY Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Valley National put volume heavy and directionally bearish
