tiprankstipranks
Advertisement
Advertisement

Eaton put volume heavy and directionally bearish

Bearish flow noted in Eaton (ETN) with 3,050 puts trading, or 2x expected. Most active are 4/10 weekly 305 puts and Jun-26 320 puts, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 18.94, while ATM IV is up over 1 point on the day. Earnings are expected on April 30th.

Claim 30% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1