Bearish flow noted in Affirm Holdings with 28,372 puts trading, or 3x expected. Most active are Jan-23 12 puts and 1/27 weekly 12 puts, with total volume in those strikes near 8,000 contracts. The Put/Call Ratio is 2.61, while ATM IV is up over 2 points on the day. Earnings are expected on February 8th.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on AFRM:
- Affirm Holdings call volume above normal and directionally bullish
- Down 72-92%: Are SOFI, AFRM, and UPST Stocks a Buy?
- Affirm price target lowered to $11 from $14 at Deutsche Bank
- Affirm November securitization trends ‘mainly encouraging,’ says Mizuho
- Affirm price target lowered to $16 from $22 at Piper Sandler
