Bearish flow noted in PG&E with 4,744 puts trading, or 8x expected. Most active are 12/1 weekly 16.5 puts and 12/1 weekly 17 calls, with total volume in those strikes near 4,600 contracts. The Put/Call Ratio is 15.30, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 29th.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on PCG: