Bullish option flow detected in Wolfspeed with 10,444 calls trading, 1.8x expected, and implied vol increasing almost 13 points to 80.47%. May-24 25 puts and 5/24 weekly 34 calls are the most active options, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 0.35. Earnings are expected on August 21st.
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 WOLF: