Bearish flow noted in Bill.com Holdings with 11,716 puts trading, or 7x expected. Most active are Feb-23 120 puts and 2/3 weekly 98 puts, with total volume in those strikes near 11,000 contracts. The Put/Call Ratio is 7.72, while ATM IV is up nearly 5 points on the day. Earnings are expected on February 2nd.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on BILL: