tiprankstipranks
The Fly

Under Armour Class A put volume heavy and directionally bearish

Under Armour Class A put volume heavy and directionally bearish

Bearish flow noted in Under Armour Class A with 1,099 puts trading, or 1.0x expected. Most active are Jun-24 7.5 puts and 3/1 weekly 6 puts, with total volume in those strikes near 950 contracts. The Put/Call Ratio is 1.83, while ATM IV is up over 1 point on the day. Earnings are expected on February 8th.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on UAA:

Questions or Comments about the article? Write to editor@tipranks.com