Bearish flow noted in PG&E with 7,157 puts trading, or 3x expected. Most active are 9/13 weekly 18.5 puts and Oct-24 19 puts, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 3.58, while ATM IV is up over 37 points on the day. Earnings are expected on October 24th.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PCG:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue