Bearish flow noted in Flagstar Financial (FLG) Inc with 1,539 puts trading, or 1.7x expected. Most active are Jan-26 13 puts and Dec-25 12 puts, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 4.40, while ATM IV is up nearly 2 points on the day. Earnings are expected on January 29th.
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>>
Read More on FLG:
- Flagstar Financial Inc put volume heavy and directionally bearish
- Flagstar Financial price target lowered to $11.50 from $13 at UBS
- Flagstar Financial: Hold Rating Amid Growth Ambitions and Persistent Credit Risks
- Flagstar Financial price target raised to $14 from $12.50 at JPMorgan
- New York Community Bancorp’s Earnings Call: A Cautious Optimism