Bearish flow noted in Astera Labs Inc with 2,393 puts trading, or 4x expected. Most active are May-24 60 puts and May-24 100 calls, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 1.85, while ATM IV is up nearly 3 points on the day. Earnings are expected on May 7th.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ALAB:
- Astera Labs Inc call volume above normal and directionally bullish
- Reddit or Astera Labs: J.P. Morgan Selects the Superior AI Stock to Buy
- Nvidia initiated, AMD upgraded: Wall Street’s top analyst calls
- Astera Labs initiated with an Outperform at Evercore ISI
- Reddit, Astera Labs initiated: Wall Street’s top analyst calls