Klaviyo, Inc. (KVYO) saw its stock price soar 6.81% during intraday trading on Tuesday, reflecting significant investor interest.
The surge appears to be driven by heightened options activity ahead of the company's earnings report. Pre-earnings options volume in Klaviyo was 3.0 times normal, with calls outnumbering puts by a ratio of 6:1, indicating strong bullish sentiment. Implied volatility suggests the market is anticipating a substantial move in the share price post-earnings.
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