Bearish flow noted in Okta (OKTA) with 10,791 puts trading, or 2x expected. Most active are 9/26 weekly 91 puts and 9/26 weekly 96 puts, with total volume in those strikes near 9,100 contracts. The Put/Call Ratio is 1.88, while ATM IV is up over 3 points on the day. Earnings are expected on December 2nd.
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 OKTA:
- Cautious Outlook on Okta Amid Competitive Pressures and Market Dynamics
- DA Davidson technology analysts hold an analyst/industry conference call
- ‘Fastest-Growing Market in Software’: Morgan Stanley Suggests 2 Cybersecurity Stocks to Buy
- DA Davidson tech analysts hold an analyst/industry conference call
- Asana appoints Arnab Bose as CPO