Bearish flow noted in EOG Resources (EOG) with 2,120 puts trading, or 1.5x expected. Most active are 10/10 weekly 108 puts and 10/3 weekly 114 puts, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 4.31, while ATM IV is up over 1 point on the day. Earnings are expected on November 6th.
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 EOG:
- CarMax downgraded, Kenvue upgraded: Wall Street’s top analyst calls
- Scotiabank downgrades EOG to Sector Perform on ‘rich’ valuation
- EOG Resources downgraded to Sector Perform from Outperform at Scotiabank
- EOG Resources price target lowered to $133 from $140 at Mizuho
- EOG Resources price target lowered to $138 from $140 at KeyBanc
