Bearish flow noted in Samsara with 3,179 puts trading, or 6x expected. Most active are 6/7 weekly 31 puts and 6/7 weekly 34 puts, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 1.55, while ATM IV is up nearly 5 points on the day. Earnings are expected on June 6th.
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>>
Read More on IOT:
- Samsara, Carahsoft partner to bring public fleet solutions to public sector
- Samsara call volume above normal and directionally bullish
- Tesla downgraded, eBay upgraded: Wall Street’s top analyst calls
- Loop Capital starts Samsara at Buy on AI, machine learning exposure
- Samsara initiated with a Buy at Loop Capital