Bearish flow noted in SAP (SAP) with 3,515 puts trading, or 1.4x expected. Most active are 2/13 weekly 190 puts and Feb-26 190 puts, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 3.85, while ATM IV is up nearly 5 points on the day. Earnings are expected on April 23rd.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SAP:
- SAP Posts Strong 2025 Cloud Growth and Profit Surge, Launches €10 Billion Buyback
- SAP upgraded to Neutral from Underperform at Grupo Santander
- SAP transferred with Overweight rating at Piper Sandler
- SAP price target lowered to $283 from $348 at Barclays
- SAP price target lowered to EUR 260 from EUR 290 at JPMorgan