Bearish flow noted in XP Inc with 1,547 puts trading, or 1.1x expected. Most active are Nov-25 17 puts and Nov-25 16 puts, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 7.70, while ATM IV is up nearly 10 points on the day. Earnings are expected on November 18th.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on XP:
- XP Inc.: Strategic Focus on Profitable Growth and Innovation Drives Buy Rating
- XP Inc put volume heavy and directionally bearish
- XP Inc. price target raised to $22 from $19 at BofA
- XP Inc: Buy Rating Affirmed Amid Attractive Valuation and Future Interest Rate Benefits
- Citi ups XP target, adds ‘downside 90-day catalyst watch’