Bullish option flow detected in Virgin Galactic with 14,136 calls trading, 1.7x expected, and implied vol increasing over 4 points to 107.47%. Feb-23 6 calls and Feb-23 5.5 calls are the most active options, with total volume in those strikes near 8,300 contracts. The Put/Call Ratio is 0.15. Earnings are expected on February 28th.
Published first on TheFly
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