Bearish flow noted in Eaton (ETN) with 3,101 puts trading, or 2x expected. Most active are Mar-25 250 puts and Mar-25 272.5 puts, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 2.99, while ATM IV is up nearly 3 points on the day. Earnings are expected on April 29th.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ETN: