Bearish flow noted in Centene with 13,604 puts trading, or 20x expected. Most active are Oct-24 66 puts and Nov-24 65 calls, with total volume in those strikes near 12,700 contracts. The Put/Call Ratio is 4.93, while ATM IV is up nearly 6 points on the day. Earnings are expected on October 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 CNC:
- Election 2024: Where To Put Your Money Ahead of the Vote
- Humana down after CMS posts Medicare Part C and D performance data
- Centene Improves Medicare Advantage Star Ratings
- Harris to propose Medicare to cover home care for more seniors, WSJ reports
- Centene announces Ambetter health insurance offerings for 2025