Bearish flow noted in Celestica with 2,944 puts trading, or 1.5x expected. Most active are 9/13 weekly 43 puts and 10/25 weekly 45 puts, with total volume in those strikes near 2,100 contracts. The Put/Call Ratio is 1.90, while ATM IV is up over 2 points on the day. Earnings are expected on October 23rd.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CLS:
- Block, GE HealthCare initiated: Wall Street’s top analyst calls
- Celestica upgraded to Buy from Hold at Stifel
- Celestica call volume above normal and directionally bullish
- Celestica announces availability of SC6100 storage controller
- Celestica Announces Availability of the SC6100: A Next-Generation Storage Controller for Demanding Enterprise Workloads
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue