Unusually high out-of-the-money (OTM) put option volume in the small-cap, profitable water engineering company Tetra Tek, Inc. (TTEK), may signal investor bullishness. As a result, TTEK stock may have good upside.
TTEK is trading at $33.66 at midday on Sept. 29, and it's off its recent peak of $36.72 on Sept. 15 and $37.00 on Aug. 21.
