Bullish option flow detected in Pinterest with 31,887 calls trading, 1.6x expected, and implied vol increasing almost 3 points to 77.66%. 9/23 weekly 24 calls and 9/23 weekly 25 calls are the most active options, with total volume in those strikes near 10,800 contracts. The Put/Call Ratio is 0.16. Earnings are expected on November 3rd.
Published first on TheFly
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