Bearish flow noted in Arbor Realty (ABR) with 22,646 puts trading, or 8x expected. Most active are Jul-25 9 puts and May-25 10 puts, with total volume in those strikes near 19,900 contracts. The Put/Call Ratio is 4.86, while ATM IV is up nearly 56 points on the day. Earnings are expected on May 2nd.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ABR: