Bearish flow noted in Discover (DFS) with 2,176 puts trading, or 1.1x expected. Most active are Nov-24 145 puts and Mar-25 140 puts, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 10.31, while ATM IV is up over 1 point on the day. Earnings are expected on January 15th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DFS:
- COF Earnings: Capital One Stock Gains on Strong Q3 Results
- New York case may pressure Capital One, Discover shares, says Keefe Bruyette
- Capital One, Discover deal being probed by New York AG, Bloomberg says
- Capital One, Discover move lower after Bloomberg report of NY AG probe
- New York AG probing Capital One purchase of Discover, Bloomberg says
Questions or Comments about the article? Write to editor@tipranks.com