Bearish flow noted in Teck Resources (TECK) with 3,207 puts trading, or 1.2x expected. Most active are Nov-25 40 puts and Mar-26 43 puts, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 4.79, while ATM IV is up over 1 point on the day. Earnings are expected on October 22nd.
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>>
Read More on TECK:
- TECK, BHP, CLE: Trump Administration Readies Plan to Boost Coal Production
- Teck Resources Announces Merger with Anglo American
- Teck Resources put volume heavy and directionally bearish
- Teck Resources: Hold Rating Amid Acquisition Speculation and Operational Challenges
- Teck Resources price target raised to C$70 from C$55 at Scotiabank