Bearish flow noted in Perpetua Resources (PPTA) with 4,276 puts trading, or 8x expected. Most active are Jul-25 12.5 puts and Sep-25 20 calls, with total volume in those strikes near 4,600 contracts. The Put/Call Ratio is 2.35, while ATM IV is up over 1 point on the day. Earnings are expected on August 14th.
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 PPTA:
- Perpetua Resources Advances ESG Goals with 2024 Sustainability Report
- Perpetua Resources price target raised to C$29 from C$24 at National Bank
- Perpetua Resources price target raised to $17 from $16 at B. Riley
- Perpetua Resources: Strategic Developments and De-risking Enhance Buy Rating
- Perpetua Resources Raises $411 Million Through Share Sales