Bearish flow noted in Groupon (GRPN) with 1,037 puts trading, or 1.7x expected. Most active are Jan-25 11.5 puts and 1/31 weekly 11 puts, with total volume in those strikes near 870 contracts. The Put/Call Ratio is 4.82, while ATM IV is up nearly 3 points on the day. Earnings are expected on March 13th.
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 GRPN: