Bearish flow noted in Teva (TEVA) with 3,687 puts trading, or 4x expected. Most active are Dec-24 17 puts and Jan-25 17 calls, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 2.06, while ATM IV is up over 1 point on the day. Earnings are expected on January 29th.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TEVA: