Bearish flow noted in PacWest Bancorp with 1,465 puts trading, or 1.6x expected. Most active are Dec-23 6 puts and Dec-23 8 puts, with total volume in those strikes near 990 contracts. The Put/Call Ratio is 4.55, while ATM IV is up over 2 points on the day. Earnings are expected on October 24th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on PACW: