Bearish flow noted in Realty Income with 5,836 puts trading, or 15x expected. Most active are Nov-23 45 puts and Nov-23 47.5 calls, with total volume in those strikes near 3,800 contracts. The Put/Call Ratio is 1.51, while ATM IV is up over 3 points on the day. Earnings are expected on November 6th.
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 O:
- Spirit Realty (NYSE:SRC) Soars on $9.1B Acquisition by Realty Income (NYSE:O)
- Realty Income to Acquire Spirit Realty Capital in $9.3 Billion Transaction
- Realty Income downgraded to Sector Perform from Outperform at Scotiabank
- 640th Consecutive Common Stock Monthly Dividend Declared By Realty Income
- BofA upgrades two skilled nursing REITs, downgrades three net lease REITs