Valley National put volume heavy and directionally bearish
The Fly

Valley National put volume heavy and directionally bearish

Bearish flow noted in Valley National with 7,596 puts trading, or 2x expected. Most active are Mar-24 7 puts and Apr-24 6 puts, with total volume in those strikes near 6,100 contracts. The Put/Call Ratio is 292, while ATM IV is up over 14 points on the day. Earnings are expected on April 25th.

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

See today’s best-performing stocks on TipRanks >>

Read More on VLY:

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App