Bearish flow noted in Bill (BILL).com Holdings with 1,537 puts trading, or 3x expected. Most active are May-26 32.5 puts and 5/22 weekly 40 calls, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 8.54, while ATM IV is up nearly 2 points on the day. Earnings are expected on May 7th.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BILL: