Bearish flow noted in SentinelOne with 4,696 puts trading, or 4x expected. Most active are 5/31 weekly 21 puts and 5/24 weekly 21 puts, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 2.14, while ATM IV is up over 1 point on the day. Earnings are expected on May 30th.
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 S:
- SentinelOne put volume heavy and directionally bearish
- SentinelOne call volume above normal and directionally bullish
- JPMorgan software analyst to hold an analyst/industry conference call
- Sentinelone’s Expansion Gamble: Navigating Business Risks to Reinforce Its Cybersecurity Footprint
- SentinelOne management to meet virtually with JMP Securities
