Bearish flow noted in Wheaton Precious Metals with 3,064 puts trading, or 3x expected. Most active are Sep-24 55 puts and Dec-24 50 puts, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 3.32, while ATM IV is up over 1 point on the day. Earnings are expected on August 7th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WPM:
- WPM Upcoming Earnings Report: What to Expect?
- Wheaton Precious Metals price target raised to C$90 from C$85 at National Bank
- Wheaton Precious Metals price target raised to $67 from $62 at Jefferies
- Wheaton Precious Metals price target raised to $80 from $75 at CIBC
- Wheaton Precious Metals Q2 Results Imminent