Bearish flow noted in Samsara (IOT) with 17,513 puts trading, or 15x expected. Most active are 1/3 weekly 45 puts and Dec-24 48 puts, with total volume in those strikes near 12,900 contracts. The Put/Call Ratio is 56.13, while ATM IV is up over 2 points on the day. Earnings are expected on March 6th.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IOT:
- Samsara extends long-term collaboration with Fraikin Group
- HP Enterprise, Ulta Beauty report quarterly beats: Morning Buzz
- Samsara price target raised to $57 from $44 at BMO Capital
- Morning Movers: Lululemon, Ulta jump following quarterly reports
- Samsara price target raised to $55 from $46 at Wells Fargo