Bearish flow noted in ZIM Integrated (ZIM) Shipping Services with 17,702 puts trading, or 13x expected. Most active are Nov-25 11 puts and Oct-25 12 puts, with total volume in those strikes near 16,900 contracts. The Put/Call Ratio is 11.75, while ATM IV is up nearly 4 points on the day. Earnings are expected on November 19th.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ZIM:
- Unusually active option classes on open October 13th
- ZIM Integrated Shipping Services put volume heavy and directionally bearish
- ZIM Integrated price target raised to $10 from $9.80 at JPMorgan
- Unusually active option classes on open September 19th
- ZIM Integrated Shipping Services call volume above normal and directionally bullish
