Bearish flow noted in Groupon (GRPN) with 1,040 puts trading, or 2x expected. Most active are Nov-24 9 puts and Jan-25 11 calls, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 8.67, while ATM IV is up nearly 7 points on the day. Earnings are expected on November 7th.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GRPN:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue