Eastman Kodak Company (KODK, Financial) has experienced a significant surge in options trading, with a notable increase in call option activity. The company saw 6,378 call options traded, which is six times the typical volume. This heightened activity has pushed the implied volatility up by more than one percentage point to reach 75.13%.
Among the options, the May 2025 call options with a strike price of $7.5 and the July 2025 put options at $5 are drawing significant attention. These two options alone account for approximately 4,100 contracts traded, indicating strong investor interest.
The Put/Call Ratio for Kodak stands at 0.52, suggesting a lean towards call options over puts among traders. Investors are carefully monitoring these developments as Kodak's next earnings announcement is scheduled for May 8th.
