Bearish flow noted in British American Tobacco with 2,923 puts trading, or 7x expected. Most active are Jan-25 28 puts and Jan-25 25 puts, with total volume in those strikes near 1,900 contracts. The Put/Call Ratio is 6.08, while ATM IV is up over 1 point on the day. Earnings are expected on July 25th.
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 BTI: