Bearish flow noted in Newsmax (NMAX) Inc. with 1,060 puts trading, or 2x expected. Most active are 6/6 weekly 20 puts and 6/6 weekly 20 calls, with total volume in those strikes near 640 contracts. The Put/Call Ratio is 2.00, while ATM IV is up nearly 3 points on the day. Earnings are expected on August 7th.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NMAX: