Bearish flow noted in Dropbox with 1,796 puts trading, or 1.3x expected. Most active are Aug-24 22.5 puts and Jan-26 15 puts, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 9.55, while ATM IV is up nearly 26 points on the day. Earnings are expected on November 7th.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DBX: