Bearish flow noted in ServiceNow (NOW) with 35,317 puts trading, or 3x expected. Most active are Jan-26 232 puts and Jan-26 154 calls, with total volume in those strikes near 7,500 contracts. The Put/Call Ratio is 2.27, while ATM IV is up nearly 4 points on the day. Earnings are expected on January 28th.
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 NOW:
- Armis deal strengthens ServiceNow security business, says Raymond James
- ServiceNow: Accretive Armis Acquisition Strengthens Security & OT Growth, Supporting Buy Rating
- ServiceNow to expand OT security via Armis acquisition, says William Blair
- ServiceNow officially acquiring Armis, syas Raymond James
- M&A News: ServiceNow (NOW) Makes $7.75B Cybersecurity Bet With Armis Acquisition, Shares Slip 2.5%