Bearish flow noted in Array Technologies with 1,560 puts trading, or 5x expected. Most active are Mar-23 20 puts and Mar-23 17.5 puts, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 15.60, while ATM IV is up over 2 points on the day. Earnings are expected on March 1st.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on ARRY:
- Array Technologies price target raised to $22 from $17 at Truist
- Array Technologies price target raised to $29 from $22 at Barclays
- Array Technologies Becomes First Supplier in Australia to Manufacture Solar Trackers Locally for Victorian Renewable Energy Tender 2 (VRET2)
- Array Technologies names Manning as Chief Operations Officer
- What You Missed This Week in EVs and Clean Energy