Bearish flow noted in HSBC with 6,971 puts trading, or 3x expected. Most active are Dec-23 37 puts and Nov-23 38 puts, with total volume in those strikes near 5,800 contracts. The Put/Call Ratio is 51.26, while ATM IV is up over 1 point on the day. Earnings are expected on October 30th.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
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 HSBC: