Bearish flow noted in Primo Water Corp with 1,341 puts trading, or 1.7x expected. Most active are Sep-25 25 puts and Dec-25 27.5 calls, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 22.35, while ATM IV is up over 1 point on the day. Earnings are expected on November 6th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PRMB:
- Primo Brands price target lowered to $40 from $43 at Mizuho
- Primo Water Corp’s Earnings Call: Growth Amid Challenges
- Primo Brands price target lowered to $35 from $38 at Morgan Stanley
- TD cuts Primo Brands target, calls earnings selloff ‘irrational’
- Primo Brands downgraded to Hold from Buy at Deutsche Bank