Bearish flow noted in ZTO Express with 4,772 puts trading, or 3x expected. Most active are Feb-24 23 puts and Apr-24 20 puts, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 85.21, while ATM IV is up over 1 point on the day. Earnings are expected on November 20th.
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 ZTO: