Bearish flow noted in Lyft (LYFT) with 6,500 puts trading, or 3x expected. Most active are Apr-26 18 puts and 1/23 weekly 19 calls, with total volume in those strikes near 6,500 contracts. The Put/Call Ratio is 2.38, while ATM IV is up over 6 points on the day. Earnings are expected on February 10th.
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 LYFT:
- Israel committee approves bill to allow Uber, Lyft in country, Reuters says
- Ministerial Committee Paves Way for Uber and Lyft Ride-Sharing in Israel
- “Don’t Ignore This,” Morgan Stanley Analyst Says UBER Stock Remains Undervalued
- Why Strong Execution Isn’t Enough for a Bullish Outlook on LYFT Stock
- Lyft price target lowered to $21 from $25 at Cantor Fitzgerald
