Bearish flow noted in AmerisourceBergen with 1,351 puts trading, or 1.8x expected. Most active are Aug-23 180 puts and Sep-23 195 calls, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 7.68, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 2nd.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on ABC:
- Fly Insider: ModivCare, Arcbest among week’s notable insider trades
- AmerisourceBergen price target raised to $215 from $205 at TD Cowen
- AmerisourceBergen 10.5M share Spot Secondary priced at $189.45
- Walgreens Boots sells AmerisourceBergen shares for $1.85B of initial proceeds
- AmerisourceBergen announces 10.5M share registered public offering