Bearish flow noted in Teck Resources (TECK) with 2,990 puts trading, or 7x expected. Most active are 11/29 weekly 44 puts and Mar-25 40 puts, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 4.87, while ATM IV is up over 3 points on the day. Earnings are expected on February 19th.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your 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 TECK:
- Teck Resources price target lowered to C$84 from C$85 at RBC Capital
- Teck Resources price target raised to C$74 from C$73 at Raymond James
- Teck Resources price target lowered to C$78 from C$80 at Canaccord
- Teck Resources price target lowered to C$74 from C$79 at Scotiabank
- Teck Resources Reports Strong Copper Growth and Returns
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue