Bearish flow noted in Monster Beverage with 1,667 puts trading, or 1.6x expected. Most active are Dec-24 50 puts and 7/26 weekly 40.5 puts, with total volume in those strikes near 860 contracts. The Put/Call Ratio is 1.52, while ATM IV is up over 3 points on the day. Earnings are expected on August 1st.
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 MNST:
- I Just Bought the Dip in Celsius Stock (NASDAQ:CELH) — Here’s Why
- Monster Beverage price target lowered to $60 from $62 at BofA
- Monster Beverage price target lowered to $60 from $69 at Citi
- Celsius energy drink share down in last four weeks, says Evercore ISI
- Is it Too Late to Buy Monster Beverage (NASDAQ:MNST) Stock?