Bearish flow noted in Coherent (COHR) with 1,218 puts trading, or 1.1x expected. Most active are 11/29 weekly 92 puts and 11/29 weekly 95 puts, with total volume in those strikes near 600 contracts. The Put/Call Ratio is 2.45, while ATM IV is up over 1 point on the day. Earnings are expected on February 5th.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you 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 COHR:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue