Bearish flow noted in JetBlue (JBLU) with 6,468 puts trading, or 5x expected. Most active are 11/22 weekly 6.5 puts and Jan-25 7 calls, with total volume in those strikes near 3,600 contracts. The Put/Call Ratio is 1.81, while ATM IV is up nearly 3 points on the day. Earnings are expected on January 28th.
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 JBLU: