Bullish option flow detected in Wolfspeed with 9,338 calls trading, 2x expected, and implied vol increasing almost 5 points to 88.73%. 3/8 weekly 31 calls and Jun-24 25 puts are the most active options, with total volume in those strikes near 3,300 contracts. The Put/Call Ratio is 0.40. Earnings are expected on April 24th.
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 WOLF: