Bearish flow noted in Ford with 41,620 puts trading, or 6x expected. Most active are Oct-24 10 puts and 10/4 weekly 11 calls, with total volume in those strikes near 31,900 contracts. The Put/Call Ratio is 2.13, while ATM IV is up over 5 points on the day. Earnings are expected on October 28th.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on F:
- ‘Hold Your Horses,’ Says Morgan Stanley About Rivian and Ford Shares
- Ford call volume above normal and directionally bullish
- Harris backs away from EV stance as demand lessens, pressure heats up, WSJ says
- Ford (F) Stock and GM Stock Downgrades Don’t Negate Good Value Characteristics
- Morgan Stanley says sell GM in auto ratings shakeup on China ‘butterfly effect’