Bearish flow noted in Centene with 3,263 puts trading, or 3x expected. Most active are Sep-24 76 puts and Sep-24 75 puts, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 6.04, while ATM IV is up over 1 point on the day. Earnings are expected on October 25th.
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 CNC:
- Centene to Reaffirm Financial Guidance at Healthcare Conference
- Centene price target lowered to $91 from $93 at Wells Fargo
- Early notable gainers among liquid option names on September 11th
- Centene price target lowered to $72 from $74 at Jefferies
- Centene Reaffirms Full Year Guidance, Optimistic on Medicare Performance
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue