Bearish flow noted in Elanco Animal Health with 2,151 puts trading, or 5x expected. Most active are Jan-24 15 puts and Jan-24 14 puts, with total volume in those strikes near 2,100 contracts. The Put/Call Ratio is 15.93, while ATM IV is up over 1 point on the day. Earnings are expected on February 21st.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on ELAN: