Akamai call volume above normal and directionally bullish
Bullish option flow detected in Akamai with 4,366 calls trading, 1.1x expected, and implied vol increasing almost 6 points to 80.81%. Aug-26 130 calls and 7/24 weekly 130 calls are the most active options, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 0.37. Earnings are expected on August 6th.
Bullish option flow detected in Akamai with 4,366 calls trading, 1.1x expected, and implied vol increasing almost 6 points to 80.81%.
Aug-26 130 calls and 7/24 weekly 130 calls are the most active options, with total volume in those strikes near 1,500 contracts.
The Put/Call Ratio is 0.37.
Earnings are expected on August 6th.