Bearish flow noted in Fastly Inc with 1,742 puts trading, or 1.9x expected. Most active are 9/6 weekly 6 puts and Dec-24 10 calls, with total volume in those strikes near 1,700 contracts. The Put/Call Ratio is 1.68, while ATM IV is up over 3 points on the day. Earnings are expected on August 7th.
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>>
Read More on FSLY:
- Options Volatility and Implied Earnings Moves This Week, August 05 – August 09, 2024
- Fastly Inc call volume above normal and directionally bullish
- Fastly price target lowered to $10 from $11 at Piper Sandler
- Class Action Lawsuit against Fastly, Inc. (NYSE:FSLY)
- Piper says ‘too early’ to know ‘true opportunity’ for CDN vendors from Apple PCC