Bearish flow noted in AstraZeneca with 1,863 puts trading, or 3x expected. Most active are 1/12 weekly 66 puts and 1/12 weekly 68 calls, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 4.61, while ATM IV is up over 1 point on the day. Earnings are expected on February 8th.
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 AZN:
- AstraZeneca downgraded to Hold from Buy at Jefferies
- Biora shares ‘reaching a key tipping point,’ says H.C. Wainwright
- AstraZeneca (NASDAQ:AZN) Gains on New Drug
- AstraZeneca signs exclusive option and global license agreement with Allorion
- Biora Therapeutics progresses research collaboration for BioJet platform