Bearish flow noted in Globe Life with 4,059 puts trading, or 1.6x expected. Most active are May-24 80 puts and May-24 85.5 calls, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 1.63, while ATM IV is up over 5 points on the day. Earnings are expected on July 31st.
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 GL:
- Regulatory Changes: Navigating the Risks and Impacts on Globe Life Inc.’s Stability and Operations
- Levi & Korsinsky LLP Reminds Shareholders of a Lead Plaintiff Deadline of July 01, 2024 in Globe Life Lawsuit – GL
- GLOBE LIFE INC. DECLARES DIVIDEND
- Globe Life in spotlight again as another short seller bets against insurer
- Early notable gainers among liquid option names on April 29th