Bearish flow noted in GEO Group with 3,259 puts trading, or 4x expected. Most active are Aug-24 16 puts and 8/2 weekly 15 calls, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 2.02, while ATM IV is up over 3 points on the day. Earnings are expected on August 7th.
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 GEO: