Bearish flow noted in VMware with 2,455 puts trading, or 1.0x expected. Most active are Aug-23 150 puts and Aug-23 165 calls, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 7.92, while ATM IV is up nearly 11 points on the day. Earnings are expected on August 31st.
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 VMW:
- DA Davidson tech/software analysts to hold analyst/industry conference call
- VMware call volume above normal and directionally bullish
- Broadcom Down Fractionally as VMWare Takeover May Succeed
- CMA provisionally clears Broadcom deal to buy VMware
- DA Davidson cybersecurity analyst to hold an analyst/industry conference call