Bearish flow noted in Symbiotic with 5,517 puts trading, or 3x expected. Most active are Sep-24 17.5 puts and Sep-24 20 puts, with total volume in those strikes near 3,800 contracts. The Put/Call Ratio is 6.86, while ATM IV is up over 1 point on the day. Earnings are expected on November 25th.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SYM: