tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Spotify put volume heavy and directionally bearish

Bearish flow noted in Spotify with 5,029 puts trading, or 1.2x expected. Most active are 3/22 weekly 260 puts and May-24 220 puts, with total volume in those strikes near 910 contracts. The Put/Call Ratio is 1.78, while ATM IV is up over 2 points on the day. Earnings are expected on April 30th.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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

Disclaimer & DisclosureReport an Issue

1