Bearish flow noted in Caesars with 11,491 puts trading, or 3x expected. Most active are 5/3 weekly 36 puts and 5/3 weekly 37 puts, with total volume in those strikes near 4,200 contracts. The Put/Call Ratio is 1.76, while ATM IV is up over 1 point on the day. Earnings are expected on April 30th.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CZR: