iQiyi Inc (ADS) call volume above normal and directionally bullish
Bullish option flow detected in iQiyi Inc (ADS) with 46,981 calls trading, 4x expected, and implied vol increasing over 4 points to 92.55%. Jun-18 35 calls and Jun-18 40 calls are the most active options, with total volume in those strikes near 23,200 contracts. The Put/Call Ratio is 0.47. Earnings are expected on July 26th.