tiprankstipranks
Trending News
More News >

Southwest put volume heavy and directionally bearish

Bearish flow noted in Southwest (LUV) with 26,194 puts trading, or 3x expected. Most active are Apr-25 34 puts and Apr-25 32.5 puts, with total volume in those strikes near 10,300 contracts. The Put/Call Ratio is 2.85, while ATM IV is up over 5 points on the day. Earnings are expected on April 24th.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue