Bearish flow noted in Citizens Financial with 1,209 puts trading, or 1.3x expected. Most active are Oct-24 30 puts and Jan-25 37.5 calls, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 3.52, while ATM IV is up over 1 point on the day. Earnings are expected on July 17th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CFG:
- Citizens Financial call volume above normal and directionally bullish
- Unusually active option classes on open June 14th
- Citizens Financial says interest-bearing deposit costs ‘may have peaked’ in Q1
- Citizens Financial CEO to Speak at Barclays Conference
- Citizens Financial price target lowered to $36 from $36.50 at JPMorgan