Atlassian put volume heavy and directionally bearish
The Fly

Atlassian put volume heavy and directionally bearish

Bearish flow noted in Atlassian with 1,722 puts trading, or 1.2x expected. Most active are 4/12 weekly 205 puts and Jul-24 210 puts, with total volume in those strikes near 720 contracts. The Put/Call Ratio is 2.00, while ATM IV is up nearly 2 points on the day. Earnings are expected on April 25th.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App