Bearish flow noted in Hess Corp. with 6,573 puts trading, or 3x expected. Most active are Jan-24 145 puts and Jan-24 140 puts, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 2.11, while ATM IV is up nearly 6 points on the day. Earnings are expected on January 24th.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on HES:
- Hess Corp. put volume heavy and directionally bearish
- HESS vs. NEE: Which Energy Stock is the Better Buy?
- Hess: Prosperity to reach its initial production of 220K gross BPD over 1H24
- Chevron price target lowered to $195 from $215 at Mizuho
- Peloton downgraded, Home Depot initiated: Wall Street’s top analyst calls
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue