Bearish flow noted in Fifth Third with 1,023 puts trading, or 1.3x expected. Most active are May-24 31 puts and Feb-24 31 puts, with total volume in those strikes near 640 contracts. The Put/Call Ratio is 6.47, while ATM IV is up over 2 points on the day. Earnings are expected on April 19th.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
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 FITB: