Bullish option flow detected in Virgin Galactic (SPCE) with 9,747 calls trading, 2x expected, and implied vol increasing almost 4 points to 96.59%. 1/3 weekly 6.5 calls and 1/3 weekly 7 calls are the most active options, with total volume in those strikes near 5,500 contracts. The Put/Call Ratio is 0.18. Earnings are expected on February 25th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SPCE: