10/23/2024 -Unusual Options Activity In Peloton (PTON)

$PTON-Bullish option flow detected in Peloton Interactive (6.04 +0.39) with 50,231 calls trading (2x expected) and implied vol increasing almost 11 points to 127.26%. . The Put/Call Ratio is 0.11. Earnings are expected on 10/30. The DEC 20th 7.00 Calls are being bought @ .80-.89