Digimarc Option Alert: Dec 15 $25 Calls at the Ask: 430 @ $9.8 vs 374 OI; Earnings 8/2 After Close [est] Ref=$31.69
Portfolio Pulse from Charles Gross
Digimarc (DMRC) sees increased activity in Dec 15 $25 calls, with 430 contracts traded at $9.8, compared to 374 open interest. Earnings are expected on August 2 after market close.
June 06, 2023 | 1:51 pm
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POSITIVE IMPACT
Digimarc's Dec 15 $25 call options see increased trading activity, potentially indicating bullish sentiment ahead of earnings release on August 2.
The increased trading activity in Digimarc's Dec 15 $25 call options suggests that investors may be expecting a positive earnings report on August 2, which could lead to a short-term increase in the stock price. The higher volume of contracts traded compared to open interest indicates a growing interest in these options.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100