Bearish flow noted in BP (BP) with 2,545 puts trading, or 1.2x expected. Most active are Jan-26 34 puts and Mar-26 36 calls, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 1.84, while ATM IV is up over 1 point on the day. Earnings are expected on February 10th.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BP:
- Barrick Gold (B) Shines as Activist Elliott Buys into Split-Up Plan
- BP in active talks with Stonepeak over Castrol sale, Reuters reports
- Midday Fly By: SoftBank exits Nvidia, CoreWeave cuts guidance
- Shell challenging Venture Global arbitration decision, Reuters reports
- Shell Stock (SHEL) Slides Despite Gearing up for New Venture Global Court Battle