Bullish option flow detected in Western Alliance with 6,050 calls trading, 3x expected, and implied vol increasing over 2 points to 42.29%. Dec-23 52.5 calls and Dec-23 45 puts are the most active options, with total volume in those strikes near 1,700 contracts. The Put/Call Ratio is 0.29. Earnings are expected on January 23rd.
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>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on WAL:
- Regional Bank Stocks Jump as Inflation Slows in October
- Western Alliance price target lowered to $54 from $56 at RBC Capital
- Western Alliance price target raised to $60 from $54 at Truist
- 3 Best Stocks to Buy Now, 10/23/2023, According to Top Analysts
- Western Alliance price target lowered to $59 from $60 at Piper Sandler