Bearish flow noted in Galaxy Digital (GLXY) Inc. – Class A common stock with 2,193 puts trading, or 1.0x expected. Most active are 5/1 weekly 21 puts and 5/1 weekly 22 puts, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 2.07, while ATM IV is up over 1 point on the day. Earnings are expected on April 28th.
Claim 55% 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 GLXY:
- Galaxy Digital Sets April 28 Webcast to Unveil Q1 2026 Results
- Crypto Currents: Strategy buys $1B in bitcoin as digital asset treasuries grow
- Crypto Currents: Potential buyers reportedly looking at Gemini assets
- Galaxy Digital price target lowered to $55 from $60 at Citizens
- Galaxy Digital price target lowered to $30 from $48 at Cantor Fitzgerald