tiprankstipranks

Centene put volume heavy and directionally bearish

Centene put volume heavy and directionally bearish

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.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue