Bearish flow noted in Amkor Technology (AMKR) with 2,542 puts trading, or 3x expected. Most active are Mar-26 50 puts and Mar-26 55 calls, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 2.41, while ATM IV is up over 3 points on the day. Earnings are expected on February 9th.
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Read More on AMKR:
- Amkor Technology price target raised to $48 from $29 at B. Riley
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- Amkor Technology price target raised to $38 from $29 at Goldman Sachs
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