Bullish option flow detected in Virgin Galactic with 15,732 calls trading, 1.2x expected, and implied vol increasing over 1 point to 112.15%. 3/3 weekly 6 calls and Apr-23 9 calls are the most active options, with total volume in those strikes near 5,600 contracts. The Put/Call Ratio is 0.28. Earnings are expected on February 28th.
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Published first on TheFly
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