Bearish flow noted in Prospect Capital with 13,952 puts trading, or 12x expected. Most active are Mar-24 5 puts and Jun-24 5 puts, with total volume in those strikes near 13,600 contracts. The Put/Call Ratio is 48.95, while ATM IV is up nearly 7 points on the day. Earnings are expected on May 9th.
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>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on PSEC:
- Prospect Capital reports Q2 NII per share 24c vs. 27c last year
- Prospect Capital put volume heavy and directionally bearish
- Prospect Capital Announces Upcoming Shareholder Distributions
- Prospect Capital Announces December 2023 Financial Results and Declares 80th Consecutive $0.06 Dividend
- Options Volatility and Implied Earnings Moves Today, February 08, 2024