Bearish flow noted in Amkor Technology (AMKR) with 4,900 puts trading, or 1.9x expected. Most active are May-26 65 puts and May-26 35 puts, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 2.05, while ATM IV is up over 5 points on the day. Earnings are expected on April 27th.
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>>
Read More on AMKR:
- Amkor Technology price target raised to $65 from $55 at B. Riley
- Amkor Technology call volume above normal and directionally bullish
- Morning Movers: Soleno pops, Neurocrine dips after acquisition agreement
- Amkor Technology upgraded to Buy from Hold at Melius Research
- The Week That Was, The Week Ahead: Macro and Markets, Mar. 8
