Bearish flow noted in Eaton with 3,501 puts trading, or 2x expected. Most active are Jul-24 280 puts and Oct-24 280 puts, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 1.98, while ATM IV is up over 1 point on the day. Earnings are expected on April 30th.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ETN: