Bearish flow noted in Prospect Capital with 29,309 puts trading, or 14x expected. Most active are Mar-24 5 puts and Feb-24 6 puts, with total volume in those strikes near 27,000 contracts. The Put/Call Ratio is 9.18, while ATM IV is up over 8 points on the day. Earnings are expected on May 9th.
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 Insiders’ Hot Stocks on TipRanks >>
Read More on PSEC:
- Prospect Capital Announces Upcoming Shareholder Distributions
- Prospect Capital Announces December 2023 Financial Results and Declares 80th Consecutive $0.06 Dividend
- Prospect Capital put volume heavy and directionally bearish
- Options Volatility and Implied Earnings Moves Today, February 08, 2024
- Prospect Capital Schedules Second Fiscal Quarter Earnings Release and Conference Call