Bearish flow noted in Rithm Capital with 5,340 puts trading, or 7x expected. Most active are Jan-25 7 puts and Jan-25 7 calls, with total volume in those strikes near 5,200 contracts. The Put/Call Ratio is 6.92, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 1st.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
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 RITM:
- Rithm deal for Stellus may need price adjustment, says Keefe Bruyette
- Daniel Och: Rithm Capital deal ‘substantially undervalues’ Sculptor Capital
- BTIG mortgage/specialty finance analyst to hold analyst/industry conference call
- Rithm Capital price target raised to $10.50 from $10 at Piper Sandler
- Rithm Capital reports Q2 adjusted EPS 62c, consensus 35c