Bearish flow noted in Newsmax (NMAX) Inc. with 1,386 puts trading, or 3x expected. Most active are 6/27 weekly 14 puts and 6/13 weekly 13 puts, with total volume in those strikes near 580 contracts. The Put/Call Ratio is 1.80, while ATM IV is up nearly 9 points on the day. Earnings are expected on August 7th.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NMAX: