Pandora calls activate on company seen attracting interest report Pandora August 26 and 26.5 calls are active on total call volume of 10K contracts (5K puts) on the company seen attracting buyout interest, DealReporter says. August call option implied volatility is at 71, August is at 58 and December is at 57; compared to its 26-week average of 55 according to Track Data. Active call volume suggests traders taking positions for upside price movement.
Pandora listening hours soft but ad revenue strong, says Canaccord Canaccord noted Pandora's July listening hours were soft but its ad revenue in Q2 was strong as the company is being more selective in the area of proactively seeking engagement from high-RPM listeners. Canaccord reiterated its Buy rating and $26 price target on Pandora shares.