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Unusual ITM Call Buys in Small Cap InsurTech

Unusual ITM Call Buys in Small Cap InsurTech

by | Jul 12, 2022 | Flow Alerts

EverQuote (EVER) IV rising with unusual 1000 August $10 calls bought up to $1.35 with shares breaking out to multi-week highs, a $300M online insurance marketplace trading 6.5X cash and 0.7X Sales. EVER still near highs with tape at lows and seeing 1000 Aug. 7.50 calls open $3 to $3.20