Bearish flow noted in ON Semi (ON)conductor with 3,084 puts trading, or 1.0x expected. Most active are Oct-25 48.5 puts and Oct-25 54 calls, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 2.21, while ATM IV is up over 1 point on the day. Earnings are expected on November 3rd.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for 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 ON: