Bearish flow noted in EchoStar with 17,665 puts trading, or 24x expected. Most active are Dec-25 5 (nonstd SATS1) puts and Dec-25 5 (nonstd SATS1) calls, with total volume in those strikes near 17,600 contracts. The Put/Call Ratio is 17.22, while ATM IV is up over 1 point on the day. Earnings are expected on November 11th.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SATS:
- T-Mobile price target raised to $215 from $200 at Oppenheimer
- Analysts weigh in on potential U.S. satellite-TV provider tie-up
- RBC sees potential Dish/DirecTV combination as positive for AT&T, EchoStar
- Citi sees potential satellite merger as positive catalyst for EchoStar
- DirecTV, Dish in talks to merge satellite-TV businesses, Bloomberg reports
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue