Bearish flow noted in Arbor Realty with 10,346 puts trading, or 3x expected. Most active are Apr-24 10 puts and Dec-23 11 puts, with total volume in those strikes near 5,400 contracts. The Put/Call Ratio is 5.70, while ATM IV is up nearly 2 points on the day. Earnings are expected on October 27th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% 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>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on ABR:
- ‘Stay Cautious,’ Says Billionaire Leon Cooperman About the Stock Market — Here Are 2 High-Yield Dividend Stocks He’s Using for Protection
- Arbor Realty put volume heavy and directionally bearish
- Arbor Realty Trust (ABR) Q3 Earnings Cheat Sheet
- Arbor Realty price target lowered to $14 from $15 at JPMorgan
- Arbor Realty Trust Schedules Third Quarter 2023 Earnings Conference Call