Bearish flow noted in Ebix with 3,415 puts trading, or 6x expected. Most active are 10/6 weekly 9 puts and 9/22 weekly 11 puts, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 2.21, while ATM IV is up nearly 6 points on the day. Earnings are expected on November 9th.
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>>
See the top stocks recommended by analysts >>
Read More on EBIX: