Bearish flow noted in Albemarle with 8,500 puts trading, or 1.3x expected. Most active are Jan-25 90 puts and Dec-24 70 puts, with total volume in those strikes near 5,000 contracts. The Put/Call Ratio is 3.94, while ATM IV is up over 1 point on the day. Earnings are expected on October 30th.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ALB:
- Early notable gainers among liquid option names on August 21st
- Albemarle price target lowered to $78 from $115 at JPMorgan
- Election 2024: Where To Put Your Money Ahead of the Vote
- Albemarle price target lowered to $80 from $105 at Deutsche Bank
- 40% of Biden’s IRA manufacturing projects delayed or paused, FT reports