Bearish flow noted in Blackstone with 3,780 puts trading, or 1.4x expected. Most active are Nov-23 115 puts and 9/29 weekly 112 puts, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 3.22, while ATM IV is up over 1 point on the day. Earnings are expected on October 19th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% 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 BX:
- Blackstone being added to S&P 500 a ‘major milestone,’ says Morgan Stanley
- Blackstone put buyer realizes 47% same-day gains
- Here’s Why Airbnb (NASDAQ:ABNB) and Blackstone Stocks Jumped on Friday
- Blackstone to replace Lincoln National in S&P 500 at open on 9/18
- Bet On It: Kentucky approves licenses for six Churchill Downs properties