Bearish flow noted in Colgate Palmolive with 2,136 puts trading, or 1.7x expected. Most active are 11/22 weekly 92 puts and 11/22 weekly 94 calls, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 4.53, while ATM IV is up nearly 2 points on the day. Earnings are expected on January 31st.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CL:
- Coinbase initiated, Edwards Lifesciences upgraded: Wall Street’s top analyst cal
- Colgate-Palmolive price target lowered to $110 from $115 at TD Cowen
- Colgate-Palmolive price target lowered to $92 from $100 at Wells Fargo
- Colgate-Palmolive downgraded to Hold from Buy at Stifel
- Colgate-Palmolive price target lowered to $109 from $114 at JPMorgan