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.
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