Bearish flow noted in Infosys with 4,669 puts trading, or 15x expected. Most active are Aug-24 22 puts and Sep-24 23 calls, with total volume in those strikes near 4,700 contracts. The Put/Call Ratio is 20.30, while ATM IV is up over 2 points on the day. Earnings are expected on October 10th.
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 INFY: