APP Applovin Corp

🔔Mid Day Trading Update🔔 📅Thursday 8/12/2022📅 🟢Bullish Activity🟢 $CIEN Shares are gapping up above the 200 day SMA for the first time since March this morning after the optical networking-infrastructure company reported Q4 earnings of $0.61 per share $0.54 beat on revenue that declined 6.8% YOY to $971M above the $847.83M consensus and the company’s guidance of $800-880M. The December 16th 55.00 call being the highest volume contract. New 52-week highs: ( $APD + $2.45 to $318.03), ( $GIS + $0.05 to $87.27), ( $LVS + $2.03 to $49.16) 🟢Notable Call🟢 $MOMO Some unusual activity seen which is primarily being driven by activity on the December 9th 7.00 call. Volume on this contract is 3657 with open interest at 43, so nearly all of the volume represents fresh positioning. The transactions on this contract consisted of blocks that were being bought for between $0.15-$0.30, which suggests bullish momentum. *𝙉𝙤𝙩𝙚: the stock is trading around 26% higher this morning followi