Bearish flow noted in Hess Corp. with 1,368 puts trading, or 1.0x expected. Most active are May-24 130 puts and May-24 110 puts, with total volume in those strikes near 980 contracts. The Put/Call Ratio is 3.07, while ATM IV is up over 1 point on the day. Earnings are expected on April 25th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HES: