Bearish flow noted in Ferroglobe with 3,419 puts trading, or 5x expected. Most active are Apr-24 5 puts and Jun-24 5 puts, with total volume in those strikes near 3,400 contracts. The Put/Call Ratio is 22.49, while ATM IV is up nearly 2 points on the day. Earnings are expected on May 7th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GSM: