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.
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:
- 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