Bearish flow noted in Corebridge Financial with 4,576 puts trading, or 1.4x expected. Most active are Jun-24 29 puts and Jun-24 30 puts, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 4.40, while ATM IV is up over 2 points on the day. Earnings are expected on August 2nd.
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 CRBG:
- Corebridge Financial Board Changes and AIG’s Reduced Influence
- Corebridge 30M share Spot Secondary priced at $29.20
- Corebridge 30M share Spot Secondary; price range $29.20-$29.64
- AIG announces launch of 30M share offering of Corebridge common stock
- Equitable Holdings named ‘Franchise Pick’ at Jefferies