Unusual total active option classes on open include: Draganfly (DPRO), Okta (OKTA) , IMPP (IMPP), Lithium Americas ( LAC ) , Altria Group ( MO ) , Net Element (MULN), Alibaba ( BABA ) , Canaan Inc ( CAN ) , Direxion Daily China Bull 3X Shares (YINN), and Vinco Ventures ( BBIG ) .
Just a follow up from yesterday:
Bullish option flow detected in Lithium Americas (LAC) with 16,137 calls trading, 4x expected, and implied vol increasing over 1 point to 75.33%. Apr-22 27.5 calls and Apr-22 30 calls are the most active options, with total volume in those strikes near 5,200 contracts. The Put/Call Ratio is 0.21. Earnings are expected on May 5th.
My take: if you are considering to sell something, today is the day, the rally may not last till tomorrow. Not an investment advice, just my 2 cents, of course....