Innoviz Technologies Option Alert: Aug 18 $3 Calls Sweep (8) near the Ask: 300 @ $1.1 vs 37846 OI; Ref=$3.93
Portfolio Pulse from Charles Gross
Innoviz Technologies (INVZ) has seen a significant option alert for August 18 $3 calls. A total of 300 contracts were traded near the ask price at $1.1, compared to an open interest of 37,846. The reference price was $3.93.

July 31, 2023 | 2:09 pm
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NEUTRAL IMPACT
The significant option alert for Innoviz Technologies indicates increased trading activity. This could potentially influence the stock's price in the short term.
The significant option alert indicates increased trading activity for Innoviz Technologies. While it's not clear whether this will lead to a price increase or decrease, it's likely to result in increased volatility for the stock in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100