Bearish flow noted in CF Industries with 3,360 puts trading, or 3x expected. Most active are Aug-23 60 puts and 2/24 weekly 85 puts, with total volume in those strikes near 1,700 contracts. The Put/Call Ratio is 1.69, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 15th.
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
See Insiders’ Hot Stocks on TipRanks >>
Read More on CF:
- CF Industries downgraded to Sector Perform from Outperform at Scotiabank
- CF Industries price target lowered to $130 from $135 at RBC Capital
- CF Industries put volume heavy and directionally bearish
- CF Industries price target lowered to $115 from $120 at Barclays
- CF Industries price target lowered to $104 from $119 at UBS