Bearish flow noted in Colgate Palmolive with 2,925 puts trading, or 1.9x expected. Most active are Jan-23 77.5 puts and Feb-23 72.5 puts, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 3.71, while ATM IV is up over 1 point on the day. Earnings are expected on January 27th.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on CL:
