Bullish option flow detected in Teck Resources (TECK) with 2,207 calls trading, 1.0x expected, and implied vol increasing over 1 point to 36.90%. Mar-25 50 calls and 1/3 weekly 41 calls are the most active options, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 0.12. Earnings are expected on February 19th.
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Read More on TECK:
- Teck Resources, Grid Metals execute definitive option, joint venture agreement
- Teck Resources price target raised to $62.50 from $57.50 at Morgan Stanley
- Teck Resources downgraded to Sector Perform from Outperform at National Bank
- Teck Resources Integrates Climate and Nature in New Report
- Teck Resources put volume heavy and directionally bearish
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
