Bearish flow noted in Axos Financial with 4,725 puts trading, or 3x expected. Most active are Nov-23 35 puts and Nov-23 37.5 puts, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 42.95, while ATM IV is up nearly 9 points on the day. Earnings are expected on January 25th.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on AX: