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Barchart
Barchart
Mark R. Hake, CFA

Gen Digital Stock Shows Unusual Call Options Volume - Are Investors Bullish?

Gen Digital Inc. (GEN) has seen unusually high call option volume today. This was after the software company released strong free cash flow (FCF) results on May 7. The unusual call volume may indicate that GEN stock is undervalued.

GEN is trading at $24.40 in midday trading today, up slightly. Since before the earnings release, GEN stock has risen almost 25% (+24.7%) from $19.56 on May 6.

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