Bearish flow noted in Trump Media (DJT) with 20,622 puts trading, or 4x expected. Most active are 9/5 weekly 16 puts and 9/5 weekly 16.5 puts, with total volume in those strikes near 7,100 contracts. The Put/Call Ratio is 1.86, while ATM IV is up over 4 points on the day. Earnings are expected on November 7th.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DJT:
- Crypto Currents: Trump Media, Crypto.com form CRO digital asset treasury
- Largest borrow rate increases among liquid names
- Morning News Wrap-Up: Wednesday’s Biggest Stock Market Stories!
- Trump Media Stock (DJT) and Cronos Cryptocurrency Surge on Partnership News
- Truth Social Announces Business Combination Agreement