Plug Power Option Alert: Fri $2 Calls Sweep (16) Near The Ask: 4494 @ $0.091 Vs 4726 OI; Earnings 11/15 After Close [est] Ref=$2.09
Portfolio Pulse from Benzinga Newsdesk
An option alert for Plug Power indicates a sweep of 4,494 call options at $0.091, close to the asking price, with an open interest of 4,726. This activity comes ahead of the company's earnings report on November 15.
November 01, 2024 | 2:40 pm
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Plug Power experienced a sweep of 4,494 call options at $0.091, indicating potential bullish sentiment ahead of its earnings report on November 15.
The sweep of call options suggests that investors are betting on a positive movement in Plug Power's stock price, possibly due to expectations of favorable earnings. The timing before the earnings report increases the relevance and importance of this activity.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90