Bearish flow noted in Suncor with 3,328 puts trading, or 3x expected. Most active are Dec-24 36 puts and Dec-24 40 calls, with total volume in those strikes near 3,900 contracts. The Put/Call Ratio is 2.16, while ATM IV is up over 1 point on the day. Earnings are expected on November 7th.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SU: