Bearish flow noted in Futu Holdings with 6,460 puts trading, or 9x expected. Most active are Jun-24 70 puts and Jun-24 65 puts, with total volume in those strikes near 3,300 contracts. The Put/Call Ratio is 3.69, while ATM IV is up over 3 points on the day. Earnings are expected on August 22nd.
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 FUTU: