Bearish flow noted in SentinelOne (S) with 3,320 puts trading, or 3x expected. Most active are Feb-25 23 puts and 2/28 weekly 24 puts, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 1.68, while ATM IV is up over 1 point on the day. Earnings are expected on March 12th.
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 price target lowered to $27 from $29 at Morgan Stanley
- SentinelOne Hold Rating: Balancing Product Adoption and Competitive Pressures Amidst Growth and Profitability Challenges
- SentinelOne’s Growth Prospects and Strategic Initiatives Highlight Undervaluation Opportunity
- DA Davidson analyst holds analys/industry conference call
- CyberArk and SentinelOne team on endpoint and identity security