Bearish flow noted in US Bancorp with 9,027 puts trading, or 3x expected. Most active are 8/23 weekly 41 calls and 8/23 weekly 40 puts, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 2.21, while ATM IV is up nearly 4 points on the day. Earnings are expected on October 16th.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on USB:
- U.S. Bancorp price target raised to $54 from $47 at Morgan Stanley
- U.S. Bancorp participates in a conference call hosted by DA Davidson
- US Bancorp Stock (NYSE:USB): Still Cheap Despite Surging
- U.S. Bancorp price target raised to $48 from $47 at RBC Capital
- U.S. Bancorp price target raised to $49 from $44 at DA Davidson