Bearish flow noted in Abbott (ABT) with 6,153 puts trading, or 2x expected. Most active are 10/31 weekly 126 puts and Nov-25 126 puts, with total volume in those strikes near 3,200 contracts. The Put/Call Ratio is 5.49, while ATM IV is up over 1 point on the day. Earnings are expected on January 21st.
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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ABT: