Bearish flow noted in Samsara (IOT) with 3,848 puts trading, or 2x expected. Most active are 5/1 weekly 29.5 puts and 4/24 weekly 28.5 puts, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 2.34, while ATM IV is up over 1 point on the day. Earnings are expected on June 4th.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IOT: