Bearish flow noted in Akamai (AKAM) with 6,001 puts trading, or 4x expected. Most active are Feb-25 100 calls and 3/28 weekly 94 puts, with total volume in those strikes near 1,900 contracts. The Put/Call Ratio is 1.65, while ATM IV is up over 1 point on the day. Earnings are expected on February 20th.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AKAM: